Varied reaction in FX markets with open trade, growth-sensitive FX such as CNH, KRW, SGD, MYR and THB under some pressure post-tariff announcement. DXY was…
USD/JPY fell as demand for safe-haven overwhelms even as Japan is slapped with 24% reciprocal tariff rate. USD/JPY was last at 146.69 levels, OCBC’s FX…
Euro (EUR) jumped post-tariff announcement. Reciprocal tariff rate of 20% on EU was largely in line with street’s estimates. EUR was last seen at 1.0964…
US Dollar (USD) held steady as markets await reciprocal tariff announcement on 2 Apr (4pm ET/4am SGT Thurs morning). There are reports to suggest that…
US Dollar (USD) continued to trade better bid against most Asian FX, as 2 Apr reciprocal tariff draws closer. It may also be complacent at…
US Dollar (USD) inched higher as 2 Apr reciprocal tariff deadline draws nearer. Officials said that Trump will announce widespread reciprocal tariffs on nations or…
USD/JPY inched higher. Data and BoJ policy may take a back seat for now as the focus shifts to Trump’s reciprocal tariffs on 2 Apr.…
Euro (EUR) fell for a 3rd consecutive session. EUR was last seen trading at 1.0834 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. …
Euro (EUR) dipped before partially retracing losses. EUR was last seen at 1.0874 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Pace…
Euro (EUR) continued to hold on to gains above 1.09 handle vs US Dollar (USD) on prospects of a peace deal in Ukraine, potential ECB…