Chinese Yuan: Pre-summit support and firmer bias – DBS
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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- 3 weeks 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
- 3 weeks 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
- 3 weeks ago
Market Analysis, Technical Analysis
Markets Week Ahead September 21, 2026: Fed, Trump-Xi Meeting, Middle East War, AI and Global Central Banks
Global financial markets enter the week of September 21, 2026 facing several competing macroeconomic forces, with the Middle East war, central-bank policy, US-China trade relations, AI investment and major economic data releases likely to dominate investor attention. Energy prices remain particularly sensitive to developments in the Middle East, with disruptions to oil and gas supply […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Lithium Price Forecast: Lithium Carbonate Falls to 8-Month Low as China Supply Outlook Improves
Lithium carbonate prices in China fell below CNY 135,000 per tonne in September, reaching their lowest level of the year as a major upward revision to Chinese stockpiles caused markets to reassess the global supply outlook. The revision came after industry group SMM changed its methodology for compiling inventory data, resulting in a 175,000-ton increase […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Eurozone Construction Output Falls the Most in 5 Months
Eurozone construction output dropped by 2% year-on-year in July 2026, the steepest decline since February, following an upwardly revised 1.4% decrease in June. Building activity continued to contract (-6.4% vs -7.4% in June), while specialised construction activities also remained under pressure (-1.6% vs -0.4%). Meanwhile, civil engineering rose by 0.6%, after being flat in the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Portugal Producer Inflation Accelerates Again
Portugal’s industrial producer inflation rose to 7.2% year-on-year in August 2026, the highest level since February 2023, marking the second consecutive month of acceleration and rising sharply from a downwardly revised 5.7% in July. Energy inflation surged to 22.8% from 15.8% in the previous month, as global oil prices resumed their upward trend during the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Market Analysis, MXN, Technical Analysis, USD
USD/MXN, Mexican Peso forecast, Mexican Peso today, Fed rate hike, US dollar, Banxico interest rate
The Mexican peso weakened to around 17.2 per US dollar after reaching a more than two-year high of 16.98 on September 11, as the US Federal Reserve raised interest rates and signaled that another rate increase could still be possible this year. The Fed increased its federal funds target rate by 25 bps to 3.75%-4.00%, […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
US Manufacturing Output Unexpectedly Falls
Manufacturing output in the US declined 0.3% in August, ending a seven-month period of consecutive increases and falling short of market expectations for a 0.3% rise. The decline was driven primarily by weaker durable-goods production, which fell 0.5% amid broad-based decreases across categories. In contrast, output of nondurable goods was unchanged during the month, providing […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Argentina Trade Surplus Widens in August
Argentina’s trade surplus widened to $2.19 billion in August 2026, up $746 million from the same month of 2025. Exports totaled $8.88 billion, increasing 12.4% year over year. All categories recorded higher export values than in August 2025, except primary products, which declined 14.2%. Energy and fuel exports grew 41.2%, manufactured industrial goods increased 18%, […]
by Currency Hedger
- 0 Comments
- 3 weeks ago