Institutional
Institutional, UOB
Euro: Downtrend extends toward 1.1400 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang maintains a bearish stance on EUR/USD after recent declines, expecting the pair to trade intraday between 1.1460 and 1.1500 as momentum eases. Over the coming weeks, the Euro (EUR) is seen potentially extending losses toward 1.1435 and 1.1400, with strong resistance at 1.1545 and EMAs signalling further downside. […]
by Currency Hedger
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- 2 weeks ago
Institutional, UOB
Swiss Franc: Remains near recent lows against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CHF has staged an overdone rally toward 0.8265 and now expect the pair to consolidate between 0.8225 and 0.8275 in the near term. Over the next 1–3 weeks, momentum remains strong but may not yet be sufficient to break above 0.8300, […]
by Currency Hedger
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- 2 weeks ago
Institutional, OCBC
Gold: Higher yields cap recovery prospects – OCBC
OCBC strategist Christopher Wong reports that Gold reversed lower after the FOMC as a stronger US Dollar (USD) and rising United States (US) yields weighed on sentiment, with the 2-year near 4.75% and the 10-year around 5%. He argues elevated yields and a firm Dollar may cap Gold in the near term, but says the Fed outcome […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
CommerzBank, Institutional
Indian Rupee: RBI liquidity withdrawal tempers risks – Commerzbank
Commerzbank’s India analysis shows the Reserve Bank of India stepping up liquidity absorption via INR1trn of government bond sales and continued VRRR operations, FX swaps and open-market actions. The measures aim to align money-market rates with the 5.25% policy rate. Despite higher short- and intermediate-term yields, USD/INR stayed near 95.96 as RBI intervened to curb volatility. Bond […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Deutsche Bank, Institutional
Equities: Pressured by higher yields – Deutsche Bank
Deutsche Bank analysts highlight that the first Federal Reserve hike since 2023 and a more hawkish dot plot weighed on US equities. The S&P 500 fell to its lowest level since July, with blue-chip names and banks underperforming, although tech indices were more resilient. Overnight, S&P 500 futures reversed prior losses, pointing to a tentative improvement […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, Market Analysis, Technical Analysis
Central Banks -The Bank of England preview
The Bank of England: to hike, or not to hike? The Bank of England is expected to hold rates steady when it meets later today. The base rate is expected to remain at 3.75%, and the BOE is expected to be the only major central bank not to hike interest rates this month. So, why […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
British Pound: Oversold Sterling still seen weaker against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report GBP/USD plunged to 1.3375 and closed at 1.3380, a move seen as excessive but still pointing to further downside. Intraday, they see scope for a test of 1.3350 while holding above 1.3300, and over 1-3 weeks expect continued weakness toward 1.3350 with possible extension […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, Market Analysis
UK CPI data supports ‘hawkish pause’ from BOE
UK inflation data was in line with expectations, at 3.1% for August. This is a rise from 2.9% in July, and is inline with expectations. Of course, the real shock to price growth will be September, when oil prices surged above $100 and the price of unleaded petrol and gas rose to their highest levels […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, UOB
Swiss Franc: Watching break of 0.8205 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating just below major resistance at 0.8205 after trading between 0.8164 and 0.8198. They flag potential for a brief move above 0.8205, though a sustained break is uncertain, and maintain that a firm hold above this level is needed to target 0.8245, with strong support […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
CommerzBank, Institutional
Norwegian Krone: Norges Bank weighs inflation and growth – Commerzbank
Commerzbank’s Antje Praefcke highlights uncertainty over whether Norges Bank will hike in September or wait until December. Inflation remains above target despite a recent downside surprise, while growth is described as close to normal. The regional network survey is seen as decisive, with Oil prices and Middle East developments still the main drivers for NOK. […]
by Currency Hedger
- 0 Comments
- 3 weeks ago