Author: finadmin

Firm tone but capped below 162.00 – UOB

Firm tone but capped below 162.00 – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY traded quietly between 159.28 and 159.82, closing at 159.68, with a firm underlying tone. The pair is expected to hold a slightly higher intraday range of 159.40–159.95 and a broader 158.80–160.45 band over the next one to three weeks. Longer term, there […]

De-escalation seen softening Dollar trend – OCBC

De-escalation seen softening Dollar trend – OCBC

OCBC strategists Christopher Wong and Sim Moh Siong note that global markets are cautious as Hormuz risks and energy disruptions threaten to evolve into a broader energy shock. Survey data already show rising input costs and longer delivery times. They argue that a credible de-escalation in the Middle East would likely support global risk assets […]

Holds near $105.50 as Trump Iran deadline looms

Holds near 5.50 as Trump Iran deadline looms

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – catches fresh bids during the Asian session on Tuesday and climbs back closer to a nearly four-week high set the previous day. The commodity currently trades just below mid-$105.00s, up over 1.5% for the day, ahead of US President Donald Trump’s deadline for […]