OCBC analysts Sim Moh Siong and Christopher Wong discuss USD/SGD after its post-payroll decline, noting the pair last traded near 1.28 with bearish momentum starting to wane.
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann expect USD/CNH to remain confined in a narrow intraday range, reflecting flat momentum indicators. Over the next 1–3 weeks, they still see scope for the Dollar to edge lower toward 6.7300 while resistance has shifted higher.
USD/JPY trades just beneath 159.50 on Tuesday August 11, effectively unchanged inside a 47-pip range, wedged between a reclaimed 200-day moving average near 158.00 and a declining 50-day near 160.50.
OCBC’s Sim Moh Siong and Christopher Wong note that Indonesian Rupiah (IDR) strengthened to near a two‑month high on a softer US Dollar (USD) after weak United States (US) payrolls and clarity over Bank Indonesia (BI) leadership, with Destry Damayanti nominated as sole governor candidate.
The Mexican Peso is poised to end Tuesday’s session with solid gains of 0.32% against the US Dollar as money markets await the release of the US July inflation figures, while the USD/MXN trades at 17.08, hitting a fresh 25-month low, a level last seen in June 2024.
Standard Chartered Bank economists Edward Lee and Jonathan Koh highlight that Singapore’s H1 GDP expanded 6.1% year-on-year, with strong AI-related demand offsetting energy sector drag.
GBP/USD trades near 1.3500 on Tuesday August 11, a shade lower on the session and inside a range of barely 25 pips, with nothing British on the calendar to account for either the level or the calm.
Over the past two years, Ethereum (ETH) has faced one of its biggest challenges — its circulating supply has been in an uptrend, a direct stab at its ultrasound money thesis.
Commerzbank strategists note July Consumer Price Index (CPI) eased to 2.0% year-on-year, below consensus, mainly due to softer retail fuel prices. While core CPI has been gradually rising, overall price pressures are described as manageable and below government forecasts.
Bitcoin (BTC) has remained trapped between $60,000 and $80,000 for six consecutive months, reflecting a market increasingly defined by apathy and weak trading activity.
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