Tag Archives: Forex
forex
Rupee Under Pressure as RBI Steps Up Support, June Rate Hike Speculation Builds
USD/INR slid as oil and dollar demand pressured INR; RBI intervened, may hike June 5, boosting volatility.
New Zealand dollar stays range-bound versus greenback as markets await steady RBNZ decision
NZD/USD stays range-bound below 0.5880 ahead of RBNZ; weak GDP, elevated inflation keep downside risks alive.
EUR/GBP dips near 0.8635 as ECB June hike bets firm and BoE tightening expectations fade
EUR/GBP slips near 0.8635 as ECB signals June hike, while softer UK data trims BoE tightening bets.
EUR/USD stabilises as momentum fades, traders eye 1.1590–1.1685 range and low volatility strategies
EUR/USD rebounds, momentum fades; outlook neutral. Expect consolidation in 1.1590–1.1685 range; low volatility supports options strategies.
Singapore April inflation undershoots forecasts, easing MAS tightening expectations and tempering Singapore dollar outlook
Singapore April CPI rose 1.8%, below forecast, easing MAS tightening pressure and supporting equities amid softer inflation.
EUR/USD Gaps Higher on US-Iran Deal Hopes as Fed Rate Expectations Limit Upside
EUR/USD gapped higher on US-Iran optimism, but hawkish Fed pricing caps gains; key levels 1.1710, 1.1574.
USDCNH Falls as Yuan Hits Three-Year High
USDCNH slips as yuan strength, PBOC guidance, Iran peace hopes and dollar weakness drive FX sentiment.
CFTC Data Show Speculators Deepen Sterling Net Shorts as UK Stagflation Fears Grow
CFTC data show sterling net shorts deepened to -64.3k as weak UK growth, high inflation pressured GBP.
CFTC Data Show Euro Net Longs Ease as US Resilience Widens Policy Divergence
Euro net longs fell to 33.5K from 40.2K, signaling softer sentiment amid weakening Eurozone data.
USD/SGD Range Trade Persists as Bullish Momentum Fades; OCBC Favour Selling Rallies
USD/SGD trades choppily near 1.2780; fading bullish momentum keeps OCBC biased to sell rallies into resistance.