Banks
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Singapore: Limited growth hit from conflict – UOB
UOB Global Economics & Markets Research, through Associate Economist Jester Koh, judges that Singapore’s GDP exposure to the Middle East conflict is…
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USD/CNH: Upside risks as strong fix meets USD demand – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH has traded higher as Iran-related geopolitical tensions support the…
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China: Inflation and trade data support modest recovery – ING
ING economists Lynn Song and Min Joo Kang expect China’s February CPI inflation to pick up to 1.0% year-on-year, mainly…
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DXY: Range trading on data focus – ING
ING’s Chris Turner notes the Dollar has struggled, with FX options skew showing strong demand for Dollar puts across tenors.…
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USD/JPY: Choppy but elevated path into 2H26 – HSBC
HSBC notes how Prime Minister Sanae Takaichi’s supermajority reshapes Japan’s policy backdrop and implications for the Japanese Yen and USD/JPY.…
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US: Spending resilience supports Dollar – UBS
UBS economist Paul Donovan expects US December retail sales to highlight resilient consumer spending, noting that the roughly 0.8% GDP cost of…
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GBP/USD: Bulls need close above 1.3730 – UOB
UOB analysts Quek Ser Leang and Lee Sue Ann note that GBP/USD’s latest surge has stretched short-term momentum, but there…
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EUR/USD: ECB wary of strong euro focus – Commerzbank
Commerzbank’s Michael Pfister discusses Euro strength and its implications for EUR/USD and ECB policy. Pfister expects stronger ECB reactions only if Euro appreciation becomes…
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USD: Dollar weakness drives lower risk score – DBS
DBS Group Research highlights that its FX risk score has fallen to the lowest level since late 2021, driven mainly…
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USD/JPY: Downside bias with policy drivers – MUFG
MUFG’s Senior Currency Analyst Michael Wan notes that the US Dollar weakened, with USD/JPY dropping below 156 and expected further…
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