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 […]

Upside risks widen on fiscal concerns – MUFG

Upside risks widen on fiscal concerns – MUFG

Lloyd Chan at MUFG highlights that USD/IDR has broken to fresh highs, overshooting earlier expectations for near-term stabilization. The move is attributed more to domestic confidence and fiscal uncertainty than broad US Dollar (USD) strength. While upside risks have increased, MUFG also flags growing signs of Rupiah undervaluation and potential constraints from Bank Indonesia’s policy […]