Latvia issues air threat alert, Finland restricts air and sea traffic

Latvia issues air threat alert, Finland restricts air and sea traffic

Latvian officials announced the activation of an air threat alert in the southeastern part of the country, near the border with Russia and Belarus, Reuters reported on Friday. It was also reported that fighter jets from the North Atlantic Treaty Organization’s (NATO) Baltic Air Policing mission were deployed.  Meanwhile, Finland, which also shares a border […]

Steadies above 215.00 capped by 50-day SMA

Steadies above 215.00 capped by 50-day SMA

The GBP/JPY remains directionless on Thursday as traders turn cautious about opening fresh directional bets amid intervention fears in the FX markets, which could strengthen the Yen, and after solid UK data. The cross-pair sits at around 215.00, down 0.02%. GBP/JPY Price Forecast: Technical Outlook GBP/JPY faced strong resistance at around the 50-day Simple Moving […]

Two-way trade with key levels watched against US Dollar – OCBC

Two-way trade with key levels watched against US Dollar – OCBC

OCBC’s Sim Moh Siong and Christopher Wong note that USD/IDR has rebounded after a near 2% month-to-date pullback, with external factors such as elevated Oil prices and US rates remaining key drivers. They see policy continuity at BI and its focus on IDR stability as supportive for confidence, but stay slightly cautious near term, highlighting […]