Commerzbank's FX Research report by Charlie Lay and Moses Lim highlights that the Monetary Authority of Singapore (MAS) has maintained its current policy stance, leaving the SGD NEER unchanged.
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $116.51 per troy ounce, broadly unchanged 0.04% from the $116.47 it cost on Wednesday.
NZD/USD continues its winning streak that began on January 16, trading around 0.6080 during the European hours on Thursday. The technical analysis of the daily chart signals a persistent bullish bias as the pair price rises within the ascending channel pattern.