Intervention risks support KRW against US Dollar – DBS

Intervention risks support KRW against US Dollar – DBS

Chang Wei Liang at DBS Group Research notes that KRW is currently the best performing Asian currency, supported by strong semiconductor demand and reported FX intervention coordination between Korea, the US and Japan. Despite equity volatility in Korean chip stocks, physical memory demand and AI-related semiconductor needs are driving a terms-of-trade boom, reinforcing DBS’s preference […]

Mexican Peso hits five-month high on weak US jobs data

Mexican Peso hits five-month high on weak US jobs data

The Mexican Peso (MXN) capitalizes on a weaker US jobs report and soars versus the US Dollar (USD) on Friday as risk appetite improves and the Greenback gets battered on speculation that the Federal Reserve (Fed) might not raise rates in 2026. At the time of writing, the USD/MXN pair trades at 17.18 after refreshing […]

Upside risk capped by 1.2790 against US Dollar – UOB

Upside risk capped by 1.2790 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD has firmed modestly, with the pair closing at 1.2835 after testing both 1.2800 and 1.2840. Short-term momentum now favors a mild upside, though strong resistance at 1.2850 is expected to cap gains. On a 1–3 week horizon, they still see downside risk, […]