Stay on top of your trading with analyses of the latest market news.
Key points: Indonesia rupiah hits weakest since early May Most Asian equities in the red Vietnam’s annual inflation accelerates The Indonesian rupiah and the Philippine peso were the biggest losers among Asian currencies on Wednesday. The upward movement in U.S. …
Key points: Copper prices increase on expectations of stronger demand from China. LME copper rose 0.5% to $4.79 per pound while SHFE copper gained 0.3% to $5.32 per pound. Recent US dollar stability and rising inventories in China limited the …
Key points: USD/SGD slips 0.1% to 1.3472 during the Asian session. Market focus on the Conference Board’s consumer confidence data for May. Technical support at 1.3400 and resistance at 1.3500. During the Asian trading session, the USDSGD pair edged lower, …
Key points: Australian dollar appreciates past $0.665, marking a three-day winning streak. Domestic inflation figures and cautious retail sales data influence interest rate outlook. Market bets on the Reserve Bank of Australia maintaining high rates longer. The Australian dollar (AUD) …
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