Tag Archives: USD/MYR

Asian Currencies Technicals

After remaining capped ahead of the 21-DMA last week USD/SGD took out and closed below previous initial support on

Asian Currencies Technicals

The 21-DMA capped rallies last week with layers of resistance noted in the Sgd1.2513-45 region.

Asian Currencies Technicals

USD/SGD managed a brief spike above the previous Sgd1.2511 resistance level on Wednesday only to remain capped ahead of the 21-DMA and

Asian Currencies Technicals

USD/SGD continues to trade sideways in narrow ranges below the initial resistance at Sgd1.2511.

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

Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.

The US Treasury 10y yield fell 2.6bp on the Asian open to 2.838%. This helped push EURUSD higher to 1.3760, and USDJPY lower to 102.80. NZD also edged higher to 0.824 while AUD was largely stable at 0.896,

Asian FX Update

This could be a significantly volatile week as the Federal Reserve releases is policy decision later this week. With economicand jobs data still looking decent, the market has put a bit of vigour back in to shorter term yields.

The Global Macro Pulse

AUDUSD has edged slightly higher, to 0.9045, after falling sharply in New York. In contrast, EURUSD is flat at 1.3585 and the yen has held some of its overnight gains to trade at 102.31 vs. the USD.

The Global Macro Pulse

The dollar has extended its overnight rally against the AUD, which has fallen to 0.9194, but essentially flat against the EUR and JPY at 1.3466 and 101.15 respectively.

The Global Macro Pulse

Overnight Price Action The S&P 500 faded in late New York, trading to fall 0.4% on the day, but futures are up slightly in Asia.

The Global Macro Pulse

Overnight Price Action S&P 500 futures are down 0.1%. The Nikkei is essentially flat, but most other Asian equity markets are up,