USD/JPY hovers below 160 amid intervention fears and Middle-East tensions

USD/JPY hovers below 160 amid intervention fears and Middle-East tensions

The Japanese Yen (JPY) trades under pressure against the US Dollar (USD) on Friday, with USD/JPY trimming most of its losses from earlier in the week as ongoing Oil supply disruptions linked to Middle East tensions keep a lid on the Yen’s recovery despite a softer Greenback. At the time of writing, the pair is […]

Policy slope hike and inflation focus – DBS

Policy slope hike and inflation focus – DBS

DBS Group Research expects the Monetary Authority of Singapore (MAS) to slightly increase the slope of the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) policy band at its 14 April meeting, reversing last year’s easing. The bank sees policy priority shifting toward imported inflation as Brent stays near USD100 and exports remain resilient. MAS […]

US Dollar weakens as risk flows lift major pairs

US Dollar weakens as risk flows lift major pairs

The US Dollar Index (DXY) fell toward the 98.60 price region as markets digest the latest US Consumer Price Index (CPI) report, which confirmed that inflation remains stubbornly elevated, largely driven by energy prices amid war in the Middle East. At the same time, headlines around Iran, the Strait of Hormuz, and fragile ceasefire conditions […]