UBS raises USD/SGD forecasts to 1.28 through 2026 on revised USD outlook

UBS raises USD/SGD forecasts to 1.28 through 2026 on revised USD outlook
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UBS raises USD/SGD forecasts to 1.28 through 2026 on revised USD outlook
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Dow Jones – 29.08.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Gold (XAU/USD) has failed to have a positive follow-through in April after March’s stellar monthly gain of 9.3% despite a global risk-off environment seen in the past two weeks. The stagflation environment arising from the latest US reciprocal trade tariffs may have already been priced into Gold (XAU/USD). Technical factors are taking the driver’s seat…
The Financial Conduct Authority has opened an investigation into whether the London Stock Exchange Group and the landlord of the LSE data centre building have restricted competition for low latency connectivity services between trading venues. LLCS providers build high-speed links between venues, enabling trading firms to execute transactions in very short timeframes. To maximise speed,…
2024.10.22 2024.10.23 Economic calendar for the week 28.10.2024 – 03.11.2024 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Last week, the US dollar continued to dominate the market while expectations of new aggressive interest rate cuts by the US Fed decreased. Meanwhile, the heads of other major global central banks continue to discuss the possibility of new cuts. The upcoming week,…
AUDCAD rebounds and breaks above 0.9125 Overall, it remains above a prior upside channel The advance may continue towards the 0.9230 zone A dip below 0.9000 could signal a bearish correction AUDCAD rebounded strongly on Tuesday, extending its recovery above the key resistance zone of 0.9125. Overall, the pair is trading above the upper bound of…
Yesterday’s data showed that U.S. inflation for July dropped to 2.9%. Given that the Federal Reserve will consider inflation and labour market figures when deciding on rates at the September meeting, the steady decline in the core Consumer Price Index (CPI) was expected to put downward pressure on the USD. However, the market’s reaction to…