Tag Archives: USD/SGD
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
The Global Macro Pulse
The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.
The Global Macro Pulse
The antipodeans have dominated G10 FX price action. NZDUSD rallied to 0.8520 following the RBNZ’s rate hike and hawkish statement only to get a further leg up to 0.8562 from the AUDUSD.
Asian Currencies Technicals
Following on from Tuesday’s close below the 21-DMA, the AUD/USD has consolidated below with the 55-DMA currently supporting. Consolidation below the 21-DMA sees bears in control and
The Global Macro Pulse
G10 exchange rates traded sideways in Asia after their moves in late New York trading. EURUSD is a touch softer at 1.3853, AUDUSD is down slightly to 0.8960, and USDJPY is flat at 103.
The Global Macro Pulse
G10 FX pairs are largely unchanged, but EM Asia currencies are stronger against the dollar despite USDCNY fixing 15pips higher to 6.1327. EURUSD has edged down to 1.3868, USDJPY is flat at 103.24,
The Global Macro Pulse
G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.
The Global Macro Pulse
EUR has declined slightly to 1.372 ahead of today’s ECB meeting while a strong retail sales report spurred the AUD to rally to 0.901. EM Asia FX continued to strengthen with the exception of the THB which fell 0.1%.
Asian Currencies Technicals
Higher daily high and low for the AUD/USD on Wednesday has eased the bearish pressure a little but bulls will be looking for a close above the $0.9001 resistance level to see immediate focus shift to
The Global Macro Pulse
USDJPY was supported at 102.2 as US 10y yields continued to trade close to 2.70%. AUD spiked on a better GDP print, but has eased back to 0.896 at the time of writing.
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8982) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
The Global Macro Pulse
The EUR was unchanged at 1.3735 but USDJPY has started to climb to 101.69 in Asia trading. AUD gapped lower to 0.8910 post RBA but has since retraced to 0.8933.