Market Updates

Hawkish Fed Pauses CNY Slight Rebound

Contributed by Jeff Cheah, Strategic Sales Manager Fed’s Hawkish Pause Expected in FOMC Meeting this Week | skip to SGD/CNY U.S. Labor...

USD Still Preferred Bid CNY Continues to Drag

Contributed by Jeff Cheah, Strategic Sales Manager Watch CPI Release this Wednesday | skip to SGD/CNY The economic data disclosed since...

USD Stays Supported | CNY Lacks Rebound Catalysts

Contributed by Jeff Cheah, Strategic Sales Manager US Job Market Remains Stable | skip to SGD/CNY U.S. employers added 187,000 jobs in...

FOMC Minutes Lift USD China Economy Struggles

Contributed by Jeff Cheah, Strategic Sales Manager Hawkish FOMC Minutes Lifted USD | skip to SGD/CNY On August 16, EST, the Fed announced...

US Inflation Shows Upticks China Trade Data Falters

Contributed by Jeff Cheah, Strategic Sales Manager US Inflation Prints Showed Upticks in July | skip to SGD/CNY U.S. inflation, which has...

US Economy Stays Resilient, China Data Underwhelms

Contributed by Jeff Cheah, Strategic Sales Manager US Economy Remains Resilient | skip to SGD/CNY Last week, we saw the employment...

USD Remains Moderate-to-Soft While CNY Struggles

Contributed by Jeff Cheah, Strategic Sales Manager Fed Hikes 25bp as Expected | skip to SGD/CNY Last week, we saw the Fed hiking interest...

USD Fades Amid Soft Data While CNY remains Dismal

Contributed by Jeff Cheah, Strategic Sales Manager Soft CPI and Non-Farm Payrolls Drive USD Lower | skip to SGD/CNY U.S. inflation fell...

USD Strength Unlikely to Fade while CNY Headwinds Continue

Contributed by Jeff Cheah, Strategic Sales Manager Waiting for Catalyst for a Firmer Dollar | skip to SGD/CNY Latest data showed U.S....

USD Mixed After Data Beleaguered CNY Performance Continues

Contributed by Jeff Cheah, Strategic Sales Manager Positive Story Remains for USD | skip to SGD/CNY Last week we saw USD traded with a...

Powell’s 2-day Testimony Lifts USD Higher Overall

China’s MayKey Growth Data Disappointment Weighs on CNY Contributed by Jeff Cheah, Strategic Sales Manager Bias for Sporadic USD Upticks...

Hawkish Fed Pauses Rates, rebound in USD not ruled out while CNY continues to struggle

Contributed by Jeff Cheah, Strategic Sales Manager USD/SGD Skews Towards Downside | skip to CNY/SGD Last week, we saw USD traded with...

USD/SGD Bearish Outlook if Fed Pauses Rates, while Weak Demand Drives CNY Weakness

Contributed by Jeff Cheah, Strategic Sales Manager USD/SGD Bearish If Fed Pauses Rates | skip to SGD/CNY Last week, we saw the USD giving...

Market Update: USD Momentum, USDSGD Sell-on Rally Call, and China's Economic Concerns

Contributed by Jeff Cheah Last week, we saw the USD regaining strong momentum, particularly in mid-week. We note that the disappointment...