OCBC
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Asian FX: Higher yields and Oil weigh – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that Asian FX traded broadly softer as higher Oil prices and…
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US Dollar: Post-FOMC gains face higher hurdle – OCBC
OCBC’s Christopher Wong notes that the US Dollar Index (DXY) has held a firmer tone after the FOMC’s 25 bp…
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South Korean Won: Foreign equity flows keep KRW heavy against US Dollar – OCBC
OCBC strategist Christopher Wong notes that the Korean Won remains under pressure as foreign selling of Korean equities persists and…
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Singapore Dollar: Strong NODX but USD still drives USD/SGD – OCBC
OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related…
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Malaysian Ringgit: External pressure but scope for reversal – OCBC
Christopher Wong at OCBC writes that the Malaysian Ringgit weakened during Thursday’s Asian session on a firmer US Dollar and…
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Gold: Higher yields cap recovery prospects – OCBC
OCBC strategist Christopher Wong reports that Gold reversed lower after the FOMC as a stronger US Dollar (USD) and rising…
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Euro: Range-bound risks against US Dollar with ECB focus – OCBC
OCBC’s Christopher Wong notes EUR/USD is holding near 1.16 as a softer US Dollar (USD) and firmer Euro-area data offset…
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Indonesian Rupiah: Two-way risks around support levels – OCBC
OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian…
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Indian Rupee: Dollar inflows support INR but impulse may fade – OCBC
OCBC’s Christopher Wong notes that strong foreign-currency inflows linked to the RBI’s special measures have bolstered the Indian Rupee (INR)…
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Gold: Rebound on softer Fed expectations – OCBC
OCBC’s Christopher Wong reports Gold rebounded over 2% towards 4510 as Waller’s comments led markets to pare September Fed hike expectations, lowering…
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