Tag Archives: USD/THB
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
The dollar has rallied across the board, led by USDJPY jumping to 101.75. AUDUSD has traded down to 0.9157 vs. the USD and 1.1148 vs. the NZD while EURUSD has nudged lower to 1.3544.
The Global Macro Pulse
Overnight Price Action Moderation in treasury yields to the 2.89%-2.91% range supported risk assets across Asia.
Asian FX Update
WOE FOR ASIA TODAY AS INR, IDR UNDER SEVERE PRESSURE • India needs big bang set of INR measures as incremental steps prove useless; further monetary tightening is possible.
Asian FX Update
The notion of a September taper now seems to be taking a hit following both the Fed minutes and subsequent Bernanke speech,
Asian FX Update
The US nonfarm payrolls print was a another shot fired in the direction of EM, and EM Asia, as the jobs data came in better than expected with the +195k result.
Asian FX Update
A VOLATILE WEEK STILL NOT OVER AS NFP LOOMS • Disappointment on NFP risks driving additional USD selling.
Asian FX Update
QUIET DATA DAY, USD RECOVERS GROUND • USDCNY fixed to a new post‐2005 revaluation low, leading to renminbi outperformance.
Asian FX Update
EUR WEAKNESS HAMPERS ASIA – Eurozone PMI sluggishness starting to show an impact Asian exports to the region. – THB in the midst of its 3rd consecutive losing session as valuation concerns fester.