Singapore Dollar: Range trading persists against US Dollar – UOB
Institutional, UOB
Singapore Dollar: Range trading persists against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD remains supported within the Monetary Authority of Singapore’s policy band, with SGD NEER likely between 1.50% and 1.80% above midpoint, implying a 1.279–1.283 range. Short-term price action shows limited upward momentum, with resistance near 1.2835 and revised strong support at 1.2775. […]
by Currency Hedger
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- 4 weeks ago
CommerzBank, Institutional
Taiwan Dollar: Trade strength but losses capped against US Dollar – Commerzbank
Commerzbank analysts note Taiwan’s September trade surplus hit a record USD23.6bn, with exports surging 60.9% year-on-year on strong AI-related demand. The Central Bank of the Republic of China may lean more hawkish if inflation’s uptrend persists. USD/TWD rose 0.3% to 31.90, but the pair’s upside may be limited as the central bank disclosed FX intervention […]
by Currency Hedger
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- 4 weeks ago
DBS, Institutional
China: Robust trade and rising prices – DBS
DBS Group Research expects China’s exports to grow 25.7% year-on-year in September, supported by strong electronics demand and improving manufacturing PMIs. The report notes strengthening external trade indicators and freight activity, alongside a rebound in factory-gate and raw material prices, with CPI inflation seen edging up to 1.0% but still constrained by soft domestic demand. […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Institutional, OCBC
Singapore Dollar: MAS tightening but gains constrained – OCBC
OCBC’s Christopher Wong notes that Singapore Dollar (SGD) has held relatively steady despite a firmer US Dollar (USD) and higher Oil prices, with MAS tightening expectations underpinning the S$NEER. USD/SGD trades near recent highs with intact bullish momentum. With S$NEER already strong, further Monetary Authority of Singapore (MAS) slope steepening may not trigger significant SGD […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Bullish Recovery Faces Pressure from the Dollar and Treasury Yields
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold is attempting to recover after retreating from its recent highs, with prices advancing by approximately 1.2% and approaching the $4,200-per-ounce level. The rebound suggests that buyers are defending the $4,070–$4,150 area as a potential short-term base, although a sustained recovery will depend on the […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Energies, Market Analysis, Technical Analysis
Natural Gas Forecast: Hurricane Risk and Winter Weather Outlook Support Prices
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Natural gas prices enter Monday, 12 October, with bullish momentum building on both sides of the Atlantic. US natural gas futures gained approximately 2.5% towards the end of last week, while European prices advanced by more than 4%, as weather uncertainty, potential supply disruptions and […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Market Analysis, Technical Analysis
Three Markets to Watch Next Week: Gold, GBP/USD and the S&P 500
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Financial markets enter the week of 12 October with three major forces competing for investors’ attention: escalating geopolitical risks in the Middle East, the outlook for US inflation and the opening of the third-quarter US corporate earnings season. Oil prices remain a critical transmission channel […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
Economic Calendar: Canada’s Jobs Report in Focus
Today’s macroeconomic calendar is focused primarily on Canadian labour market data, which will be released at 14:30. The consensus expects employment to increase by 8K following a sharp decline of 41.7K in the previous month, while the unemployment rate is forecast to rise to 6.5% from 6.4%. The figures could provide further insight into the […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
KRW, Market Analysis, Technical Analysis, USD
South Korean Won Outlook: Fed Rate Risks and High Oil Prices Challenge KRW Strength
The South Korean won trades around 1,344 per US dollar, easing after approaching its strongest level since October 2024. Uncertainty over the Federal Reserve’s policy outlook and elevated energy prices are limiting the currency’s advance, as investors weigh the prospect of tighter US monetary policy against the economic costs of higher oil prices for South […]
by Currency Hedger
- 0 Comments
- 4 weeks ago
China set to resume fuel exports in October following brief suspension — Reuters
China is set to resume refined fuel exports in October following a temporary suspension during the Golden Week holiday, Reuters reported on Friday. This move aims to help ease tight global diesel, gasoline and jet fuel markets. Two other industry sources said China has approved exports of around 3.7 million metric tons of the three […]
by Currency Hedger
- 0 Comments
- 4 weeks ago