Tag Archives: USD/KRW
Asian Currencies Technicals
USD/SGD continues to trade sideways in narrow ranges below the initial resistance at Sgd1.2511.
The Global Macro Pulse
G10 currencies traded in tight ranges in Asia. AUDUSD is a touch lower at0.9424, EURUSD rose to 1.3596, having traded briefly over 1.36, and
Asian Currencies Technicals
The move above the 21 & 55-DMA’s last week stalled at the Sgd1.2545 level before correcting sharply lower.
The Global Macro Pulse
The overnight dollar fall was sustained in Asia. AUDUSD is steady at 0.9403, EURUSD is 1.3590, and USDJPY is 101.92.
The Global Macro Pulse
The USD strengthened further in Asia trading but largely against EM Asia currencies. USDJPY inched higher to 102.21 but
The Global Macro Pulse
EURUSD has risen to 1.3565 as USDJPY climbed to 102.04 and AUDUSD dropped to 0.9357 in the wake of the RBA minutes,
The Global Macro Pulse
The Nikkei fell 0.7% while S&P futures are off just under 0.4% and the US 10yr Treasury yield is down a bit over 1bp to 2.584%, close to its New York lows.
UBS Morning Adviser
BoK holds as widely expected, outlook and statement largely carried over As unanimously predicted by forecasters, the Bank of Korea (BoK) held policy rates at 2.50%.
The Global Macro Pulse
With the exception of the 0.3% rise in the Nikkei, most Asian equity markets have softened today and S&P futures are down slightly.
The Global Macro Pulse
EM Asia FX was the main mover today, led by a surprise 85pip fall in the USDCNY fix to 6.1623, its lowest level in over two weeks.
The Global Macro Pulse
EURUSD and EUR crosses came under moderate pressures. EURUSD traded just below 1.36; EURGBP, EURSEK and EURNOK were also slightly lower.
The Global Macro Pulse
The USD gathered strength in Asia trading, supported by higher US yields overnight. The 10y US Treasury yield retraced very marginally to 2.586% but still net 6.5bps higher than yesterday’s open.