USD/CNH continued to trade in subdued ranges near its recent lows. Consistent trend of CNY fix being set stronger, relatively upbeat PMIs, confirmation of trade…
USD/JPY was a touch softer amid broad USD softness and UST yields drifting lower. Pair was last at 144.20 levels, OCBC’s FX analysts Frances Cheung…
US Dollar (USD) continued to trade near recent lows as markets navigate higher oil prices owing to geopolitical tensions, tariff uncertainties and central bank meetings…
Geopolitical escalation in Middle East saw safe haven proxies, including JPY strengthening last Friday. USD/JPY was last at 144.12 levels, OCBC’s FX analysts Frances Cheung…
US Dollar (USD) remains a touch firmer amid geopolitical escalation between Israel and Iran. DXY was last at 97.93 levels, OCBC’s FX analysts Frances Cheung…
Euro (EUR) extended its move above 1.15-handle on broad US Dollar (USD) softness overnight (post-CPI) and ECB comments. EUR was last at 1.1552 levels, OCBC’s…
US Dollar (USD) consolidates with mild upticks this morning. DXY was last at 99.15 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. US-China…
Pound Sterling (GBP) continued to hover near recent highs amid broad US Dollar (USD) softness while Euro (EUR)’s rally had spillover effects. Pair was last…
Better than expected US payrolls report last Friday and optimism over US-China talks (later today) supported equity risk sentiments in Asia today. DXY was last…
Euro (EUR) was little changed, last at 1.1415 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Room for Fed to resume easing cycle…