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UOB Group’s Economist Lee Sue Ann suggests the Bank Indonesia (BI) could hike further its policy rate at the September 22 meeting. Key Quotes “Consistent with our forecast that inflation … Read More
Further retracements in AUD/USD now seem to have lost some momentum, according to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key Quotes 24-hour view: “AUD … Read More
Next week, the Bank of Canada will have its monetary policy meeting. Market consensus is for an increase in the key rate to 3.25%. Analysts at TD Securities look for … Read More
Pavlo Gonchar | LightRocket | Getty Images Goldman Sachs will lift all its Covid-19 requirements in most offices beginning Sept. 6 in an effort to incentivize its employees to return … Read More
FX Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research noted USD/THB is poised to extend the upside in the near term. Key Quotes “Last Monday (22 … Read More
Kit Juckes, Chief Global FX Strategist at Société Générale, stresses the importance of the terms of trade to the dollar’s strength. The euro won’t bounce until a devastating term of … Read More
French bank Societe Generale’s headquarters in Paris. Chesnot | Getty Images News | Getty Images Societe Generale on Wednesday reported better-than-expected earnings despite taking a 3.3 billion euro ($3.36 billion) … Read More
Domestic fundamentals offer little support for the Turkish lira according to analysts at MUFG Bank. They forecast USD/TRY at 18.500 by the end of the third quarter and at 20.000 … Read More
Some of the shine has been taken of the strong US dollar but case for more sustained and deeper sell off is not yet compelling, explained analysts at MUFG Bank. … Read More
In light of the recent price action, AUD/USD could now revisit the 0.7040 region in the next weeks, comment FX Strategists at UOB Group Lee Sue Ann and Quek Ser … Read More
