Tag Archives: USD/SGD
The Global Macro Pulse
USDRUB opened 2% higher to 36.57. FX price actions elsewhere have been relatively contained. EUR was broadly stable at 1.378 and the yen has found some support around 101.4,
The Global Macro Pulse
CNY staged the biggest intra-day drop since 2007 to 6.1760, a move which seems to have been driven by the PBoC. It has since retraced to 6.1640, about 0.7% above the fix from a high of 0.9% earlier.
The Global Macro Pulse
NZD started the day rallying to 0.83 as a stream of positive data and news hit markets. A weak capex survey, on the other hand, pushed AUD down to 0.892 although it has since retraced to 0.894.
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level the AUD/USD has headed lower once more with the 21 and 55-DMA’s in the sights.
The Global Macro Pulse
The dollar is little changed against the major currencies. EURUSD has traded sideways at 1.374, USDJPY has bounced off of its overnight low of 102.05 to 102.32, and
The Global Macro Pulse
The dollar is little changed against the majors, but slightly weaker against EM Asia currencies. AUDUSD is at 0.9024, off its overnight high in US trading, EURUSD is flat at 1.3736,
The Global Macro Pulse
The dollar has softened against the EUR and the JPY and an early sell-off in the AUD has largely reversed. EURUSD is at 1.3738, USDJPY has fallen to 102.20,
The Global Macro Pulse
FX market was relatively quiet with no notable data releases in Asia time. The EUR was unchanged at 1.3717, while USDJPY edged only marginally higher to 102.51.
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and
The Global Macro Pulse
The EUR edged higher to 1.3765, while USDJPY was marginally lower to 102.24. AUD fell to a low of 0.899 before reversing to 0.901. A similar pattern was followed by NZD,
The Global Macro Pulse
USDJPY and the Nikkei rallied in response to the Bank of Japan extending and increasing the size of its subsidized loans to banks.
The Global Macro Pulse
Equity markets have rallied across the board in Asia, but the dollar is weaker. The Nikkei opened lower, but recovered to be up 0.5% at the time of writing despite yen strength.