Trading news
View all trading news-
1 day ago
AUD/USD Price Forecast: Doji high guards bulls as Fed bets bite
The AUD/USD ended the day in the green but finished the week 0.45% lower amid growing bets that the Fed will raise rates next week, boosting the US Dollar. Nevertheless, on Friday, the pair traded at 0.7171, up a decent 0.38%.
-
1 day ago
Singapore Dollar: Downside bias capped with 1.2705 against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD has rebounded strongly, with short-term momentum pointing higher but key resistance at 1.2705 expected to limit gains.
-
1 day ago
USD/CHF Price Forecast: Bulls break 0.8150 as CPI fuels Fed bets
The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday's PPI, pushed investors to price in a Fed interest rate hike at next week's meeting. The pair trades at 0.8165 after rebounding from daily lows of 0.8124.
-
1 day ago
Taiwan Dollar: CBC seen on hold before December hike – DBS
DBS Group Research expects Taiwan’s central bank to keep its policy rate unchanged on September 17, before raising it to 2.125% in December.