Category: Trading

South Korean Won: BoK tightening supports KRW against U...

Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tighte...

Vietnam: Exports and consumption stay robust – DBS

DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% y...

South Korean Won: BoK front-loading hikes as KRW consol...

Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as gro...

Philippine Peso: BSP tightening bias on inflation risks...

DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by ...

South Korean Won: Higher rates and chip boom support ga...

ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes t...

Malaysian Ringgit: BNM seen on steady policy path – DBS

DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at...

Mexican Peso tumbles as Warsh embarks on inflation figh...

The Mexican Peso (MXN) depreciates against the US Dollar (USD) on Friday, down by over 0.42% on hawkish remarks by Federal Reserve...

XRP treasury Evernorth pushes for Nasdaq debut as SEC c...

XRP treasury firm Evernorth Holdings has moved a step closer to becoming a publicly traded company after the US Securities and Exc...

S&P 500 faces a bearish september setup as seasonality ...

Summary: The seasonal backdrop and the daily Elliott Wave structure are starting to point in the same direction: if this week’s lo...

Chinese Yuan: Undervaluation and export gains questione...

Commerzbank’s Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that China’s exchange-ra...