Firm NEER with mild upside against US Dollar – OCBC

Firm NEER with mild upside against US Dollar – OCBC

OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as reduced carry tempers its appeal. With Monetary Authority of Singapore (MAS) having tightened in April and further tightening possible later in 2026, Siong projects USD/SGD to […]

US yields rocket as stellar NFP sparks Fed hike bets

US yields rocket as stellar NFP sparks Fed hike bets

US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over 12 basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report. Treasury yields surge after payrolls crush forecasts, lifting Dollar At the time of writing, the US 2-year Treasury […]