Rebound seen as fadeable – OCBC

Rebound seen as fadeable – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong describe a technical rebound in USD/TWD driven by broader US Dollar (USD) strength and risk aversion linked to the US‑Iran ceasefire stalemate. While near-term upside risks persist, they still prefer fading rallies, citing strong foreign inflows into Taiwanese equities, high correlation with the tech cycle, and robust […]

BSP starts new hiking cycle – Commerzbank

BSP starts new hiking cycle – Commerzbank

Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers since the Iran war as the Philippines remains highly exposed to Middle East energy prices. Rate hike fails […]

Upside risks as Hormuz crisis persists – OCBC

Upside risks as Hormuz crisis persists – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong flag slight upside risks for USD/SGD as the Hormuz standoff weighs on risk appetite and imported cost pressures. While Singapore Dollar (SGD) remains a regional defensive currency, they note fading bearish momentum and rising RSI on USD/SGD, alongside expectations that Singapore inflation will accelerate toward 2% as […]