Australian Dollar struggles as safe-haven demand lifts US Dollar

Australian Dollar struggles as safe-haven demand lifts US Dollar

AUD/USD inches lower after little gains registered in the previous day, trading around 0.7170 during the Asian hours on Tuesday. The pair remains under pressure as the US Dollar (USD) strengthens on rising safe-haven demand, driven by persistent uncertainty surrounding US–Iran ceasefire negotiations. Market participants are still assessing ongoing geopolitical tensions in the Middle East […]

Cautious trade outlook with export risks – UOB

Cautious trade outlook with export risks – UOB

UOB economists Julia Goh and Loke Siew Ting notes that Malaysia’s export momentum softened in March but the trade surplus widened to a one-year high. Strong Electrical and Electronics (E&E) shipments and re-exports supported exports, while imports were driven by capital goods. They highlight geopolitical and cost risks and maintains its 2026 export growth forecast […]