Overbought rally eyeing 1.3605 – UOB

Overbought rally eyeing 1.3605 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight that GBP/USD extended gains to 1.3590, with short-term conditions remaining overbought. They see scope for a further push toward 1.3605, while judging the 1.3640 resistance as likely out of reach for now. Over the next 1–3 weeks, further Pound strength is expected […]

Australian Dollar gains support from US–Iran talks optimism

Australian Dollar gains support from US–Iran talks optimism

AUD/USD gains ground for the third successive day, trading around 0.7120 during the Asian hours on Wednesday. The pair appreciates as the Australian Dollar (AUD) receives support from improved market sentiment due to the potential for further United States (US)-Iran talks. The New York Post reported that US President Donald Trump signaled negotiations could resume […]

Growth resilience faces external risks – DBS

Growth resilience faces external risks – DBS

DBS economist Chua Han Teng highlights that Singapore’s 1Q26 GDP growth was resilient, with real GDP up 4.6% year-on-year, but warns that the Iran war shock and global slowdown pose downside risks. DBS maintains its 2026 real GDP growth forecast at 2.8%, broadly aligned with MAS expectations for the output gap to average around zero […]