Tag Archives: USD/SGD
Asian Currencies Technicals
AUD/USD followed up Wednesday’s close below the 21-DMA with a continuation lower Thursday that found support at the $0.9253 level.
The Global Macro Pulse
AUDUSD and USDJPY are flat at 0.9269 and 102.37 respectively while EURUSD moved slightly higher to 1.3832. Most EM Asia currencies weakened against the dollar at the open,
The Global Macro Pulse
The dollar is generally flat except against the NZD which rallied following the RBNZ statement. NZDUSD rallied to a high of 0.8637 following the statement,
The Global Macro Pulse
In G10 FX, AUDUSD has been the main mover, falling 1% to 0.9285 in response to weaker than expected inflation. EURUSD and USDJPY are little changed at 1.3818 and 102.55.
The Global Macro Pulse
The dollar is broadly stronger today except against the AUD. AUDUSD has risen to 0.9352. However, EURUSD has dipped to 1.3796 and USDJPY is up at 102.64.
Asian Currencies Technicals
Aussie closed on a heavy note marginally above last week’s low’s with immediate bearish focus on the $0.9307 initially support.
The Global Macro Pulse
The dollar has drifted slightly weaker with AUDUSD rising to 0.9374, EURUSD recovering to 1.3839 after a brief dip and USDJPY falling to 101.98. USDKRW fell to a low of 1034.40 where we
The Global Macro Pulse
The dollar is marginally stronger today. AUDUSD rallied ahead of the RBA minutes only to sell off to 0.9390 after the minutes despite little new information relative to the March policy statement.
The Global Macro Pulse
ECB President Draghi’s statement at the IMF meeting on Saturday that EUR strength may require monetary policy easing pushed EURUSD down to a low of 1.3833 before it settled at about 1.385.
The Global Macro Pulse
Although AUDUSD has dipped to 0.9382, EURUSD has risen to 1.3894 and USDJPY is roughly flat at 101.65. Most EM Asia currencies are weaker vs. the dollar, except the KRW.
The Global Macro Pulse
The fall in US yields following the release of the FOMC minutes has weakened the dollar against the G10 currencies, but EM Asia is mixed.
The Global Macro Pulse
Lower US yields and stronger risk appetite have driven the USD lower across the board. AUDUSD has rallied to 0.9373,