Institutional
Institutional, OCBC
Taiwan Dollar: Mildly hawkish CBC but flows drive – OCBC
OCBC strategist Christopher Wong highlights that Taiwan’s CBC kept its policy rate at 2% for a tenth straight quarter with a mildly hawkish tone, sharply raising 2026 growth and inflation forecasts while flagging sticky services inflation. However, the bank stresses that near-term USD/TWD direction will be driven more by foreign equity flows, tech sentiment and […]
by Currency Hedger
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- 2 months ago
CommerzBank, Institutional
Taiwan Dollar: CBC holds rates but flags inflation risks – Commerzbank
Commerzbank’s Charlie Lay and Henry Hao report that Taiwan’s CBC kept its policy rate at 2.0% for a tenth straight meeting, signalling a patient stance. The bank slightly raised its 2026 inflation and GDP forecasts, sees strong growth from AI-related semiconductor demand, and suggests policy could stay unchanged in December but start hiking in Q1 […]
by Currency Hedger
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- 2 months ago
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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- 2 months 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
- 0 Comments
- 2 months 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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- 2 months 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
- 0 Comments
- 2 months 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
- 0 Comments
- 2 months 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
- 2 months 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
- 0 Comments
- 2 months 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
- 0 Comments
- 2 months ago