Tag Archives: USD/SGD
Asian Currencies Technicals
Last week’s move to fresh 2014 and 8 month lows was aggressively reversed with the bullish close Friday seeing immediate focus return to
The Global Macro Pulse
Broadly, the USD is slightly stronger in Asia. Although EURUSD is flat at 1.3465, AUDUSD dipped to 0.9407 and USDJPY rose to 101.78.
Asian Currencies Technicals
Wednesday’s move to fresh 2014 and 8 month lows was aggressively reversed Thursday with the bullish close seeing immediate focus return to
The Global Macro Pulse
AUDUSD rallied to 0.9432 in response to higher-than-expected trimmed mean inflation in Q2. USDJPY drifted off of its overnight highs to trade at 101.41.
Asian Currencies Technicals
The Sgd1.2446-57 region confirmed its significance as resistance last week with previous highs, the 21-DMA,
The Global Macro Pulse
USDJPY has risen to 101.47, but the dollar failed to sustain an attempt to rally against the AUD and EUR.
The Global Macro Pulse
With Japan closed today, trading in FX markets was thin. EURUSD crept slightly higher to 1.3533, USDJPY is marginally lower at 101.26, and AUDUSD is flat at 0.9393.
Asian Currencies Technicals
The Sgd1.2446-66 region confirmed its significance as resistance last week with previous highs, the 21-DMA,
The Global Macro Pulse
The dollar has given up some of its initial gains against the AUD and EUR and recovered slightly against the JPY in the wake of the MH17 airline tragedy.
Asian Currencies Technicals
Pressure has returned to the Sgd1.2446-65 region with the 21-DMA noted at Sgd1.2456.
The Global Macro Pulse
Although EURUSD weakened slightly to 1.3528, AUDUSD rose a bit to 0.9359 from its overnight lows and USDJPY fell to 101.55.
Asian Currencies Technicals
The lack of follow through after Monday’s fresh 2014 lows has resulted in a bounce that has so far been capped at the Sgd1.2445 level confirming its significance.