Institutional
Institutional, OCBC
South Korean Won: Foreign equity flows keep KRW heavy against US Dollar – OCBC
OCBC strategist Christopher Wong notes that the Korean Won remains under pressure as foreign selling of Korean equities persists and elevated US yields after the FOMC continue to weigh. Large-cap technology stocks are at the centre of outflows, though the broader KOSPI has held up. Wong highlights that easing US yields, a softer Dollar and […]
by Currency Hedger
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- 1 month ago
Institutional
Japanese Yen: Dovish BoJ hike weighs on yen – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is down sharply versus the US Dollar (USD) after a dovishly delivered 25 bps Bank of Japan (BoJ) hike and Governor Ueda’s cautious guidance. Markets are disappointed by the pushback against consecutive hikes, undermining efforts to rebuild confidence in the Yen. For USD/JPY, […]
by Currency Hedger
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- 1 month ago
Institutional, OCBC
Singapore Dollar: Strong NODX but USD still drives USD/SGD – OCBC
OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related demand and broad-based strength across markets. OCBC Economists upgraded their 2026 NODX forecast to 20% year-on-year, but Wong notes this solid external backdrop is unlikely to drive spot near term. USD/SGD has eased with lower […]
by Currency Hedger
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- 1 month ago
DBS, Institutional
Chinese Yuan: Pre-summit support and firmer bias – DBS
Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill from China ahead of the Trump–Xi summit and expects RMB to strengthen further into next Thursday’s meeting as markets […]
by Currency Hedger
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- 1 month ago
Institutional, UOB
Singapore Dollar: Range trade persists against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/SGD has slipped into a short-term range phase after a sharp pullback, with intraday trading expected between 1.2735 and 1.2775. However, the 1–3 week outlook remains constructive, with the advance from late last week intact unless 1.2710 breaks, and upside levels at 1.2800 and 1.2835 still […]
by Currency Hedger
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- 1 month ago
Institutional, OCBC
Malaysian Ringgit: External pressure but scope for reversal – OCBC
Christopher Wong at OCBC writes that the Malaysian Ringgit weakened during Thursday’s Asian session on a firmer US Dollar and higher US Treasury yields after the FOMC, with USD/MYR briefly trading above 4.10 in an orderly move. He notes some pressure eased as the Dollar and yields retreated and Oil pulled back. Wong expects cautious […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Market Analysis
ECB’s Lagarde: We’ll decide on rates meeting by meeting
European Central Bank (ECB) President Christine Lagarde said during the European trading session on Friday that the decision on interest rates by the central bank will be meeting by meeting. Like other ECB officials, Lagarde also said that she doesn’t see any signs of second-round inflation effects yet. Remarks Growth is a bit more promising than we thought. We’ll […]
by Currency Hedger
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- 1 month ago
Institutional, UOB
Swiss Franc: Consolidation holds below 0.8300 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF remains in a consolidation phase after a sharp rally, with intraday trading expected between 0.8225 and 0.8265. He stays positive over the 1–3 week horizon but says it is still too early to confirm a break above 0.8300, while a move below 0.8185 would negate this […]
by Currency Hedger
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- 1 month ago
ING, Institutional
Czech Koruna: CNB pause before potential November hike – ING
ING’s Frantisek Taborsky notes that the Czech National Bank (CNB) kept its policy rate at 3.75% with a dovish tone versus market pricing, but ING economists now expect a hike in November due to higher inflation forecasts and elevated global energy prices. While EUR/CZK trades around 24.300–24.350, ING sees a stronger Dollar lifting the pair […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Market Analysis, USD
The Fed Rate Hike – What Happens Now?
The Fed rate hike: what happens now? The dust has settled on tonight’s Fed meeting and the market reaction is clear: the Fed’s signal that there could be a series of rate hikes has spooked financial markets. Bonds sold off at the short end of the Treasury curve and US stocks also fell, led by […]
by Currency Hedger
- 0 Comments
- 1 month ago