OCBC

USD/CNH stays heavy despite weak China data – OCBC

USD/CNH remains under pressure even as China’s activity data disappoints, with a fresh multi-month low in the daily fixing reinforcing…

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USD/CNH trades near recent lows – OCBC

USD/CNH remains pressured near recent lows, weighed by broad USD softness and a low USD/CNY fix. While daily momentum is…

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USD/JPY consolidates ahead of BOJ meeting – OCBC

USD/JPY remains range-bound as markets brace for the Bank of Japan’s (BOJ) expected rate hike this week, with a 92% probability…

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USD/JPY consolidates ahead of BOJ meeting – OCBC

USD/JPY trades offered but lacks follow-through, as markets near full pricing of a 25bps BOJ hike on 19 December. Near-term support lies…

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USD/JPY edges higher on UST yields and Japan quake – OCBC

USD/JPY drifted higher amid rising U.S. yields and earthquake news in northeast Japan, with markets pricing in a 90% chance of a BoJ 25bp…

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DXY pauses as markets eye Fed cut signals – OCBC

The Dollar Index (DXY) steadied after its pullback, with markets fully pricing a December cut and awaiting next week’s FOMC…

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USD/JPY pulls back as intervention rhetoric rises – OCBC

The recent rise in USD/JPY is slowing with the pair falling on Friday. Intervention rhetoric is getting louder and more…

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USD/JPY: Intervention risk on the rise – OCBC

USD/JPY continued to trade near elevated levels. Fiscal concerns, a delay in BOJ policy normalization and USD strength are some of the…

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