USD/SGD Expected to Trade Sideways, UOB Reports
United Overseas Bank analysts anticipate the USD/SGD currency pair will exhibit limited directional movement in the short term.
Latest forex news and market analysis
United Overseas Bank analysts anticipate the USD/SGD currency pair will exhibit limited directional movement in the short term.
Upcoming Japanese inflation figures are anticipated, following earlier Tokyo data that suggested broadening price pressures beyond energy.
Canadian Prime Minister Mark Carney indicated Canada seeks a comprehensive trade agreement with the US, rather than a limited deal.
A significant EU fine against Google for Digital Markets Act violations intensifies trade tensions with the United States.
The US Senate voted against a measure aimed at limiting the President's military actions concerning Iran, as Middle East tensions persist.
The average 30-year fixed mortgage rate in the US has risen to its highest point since August 2025, impacting housing affordability.
Manufacturing activity in the Tenth District, encompassing states like Kansas and Oklahoma, saw a modest slowdown in July.
Upcoming adjustments to the US Personal Consumption Expenditures (PCE) Price Index methodology are anticipated to be minor, according to TD
Canadian Prime Minister Mark Carney stated Canada is ready to protect its economic interests amid escalating trade tensions with the United
XRP experienced a downturn even as Ripple announced its agentic AI transactions surpassed one million, indicating a potential disconnect.
Major US stock indices indicated significant premarket losses, influenced by corporate earnings reports and ongoing geopolitical development
Canada's retail sales for May increased by 1.0%, aligning with forecasts, while preliminary data indicates continued expansion in June.
Mexican consumer prices for the first half of July rose by 0.07%, a slower pace than economists had anticipated.
The Euro shows signs of stabilization before the European Central Bank's policy meeting, supported by increased spot demand and hedge unwind
US stock index futures indicate a subdued opening, following late-session selling yesterday and mixed results from major tech firms.
The Swiss Franc weakened against the US Dollar for a fourth consecutive day as geopolitical tensions bolstered demand for the greenback.
French business sentiment showed further improvement in July, moving closer to its historical average after a rebound in June.
The European Central Bank's rate decision and US jobless claims data are key market events today, with focus on President Lagarde's press co
Major technology firms reported solid earnings, but significant increases in operational spending have drawn investor attention.
Despite persistent geopolitical tensions, US and Chinese technology sectors are showing increasing integration, particularly in AI.
Key forex option expiries for July 23 include EUR/USD at 1.1400 and 1.1450, potentially influencing short-term price dynamics.
Australia reported significantly stronger-than-expected employment growth in June, propelling the Australian dollar higher against the US do
Australia's unemployment rate for June 2026 remained at 4.4%, aligning with market expectations, despite significant job creation.
The People's Bank of China (PBOC) established the yuan's daily reference rate at 6.7906 against the US dollar.