Technical indicators show fading upside momentum for USD/SGD, with support at 1.29 and $NEER trading above model mid. USD/SGD fell to 1.2925 levels as broader USD weakness and stabilizing risk sentiment weighed on the pair. Bullish momentum on the daily chart has dissipate
UOB revises its outlook for the currency pair to neutral, citing faded upward momentum and a projected trading range of 1.2870–1.2970. The USD/SGD pair has lost its upward momentum after briefly breaching support at 1.2925, prompting UOB to shift its short-term bias to neu
The currency pair remains flat as traders weigh U.S. interest rate hike bets against weaker-than-expected Eurozone CPI data. The EUR/USD pair traded steady at around 1.1400 on Tuesday, failing to extend gains despite softer Eurozone inflation figures. Market focus shifted
Markets price in 35 basis points of Fed tightening by year-end, offsetting cooler Eurozone inflation data and capping the euro. The EUR/USD pair remains steady at 1.1420, failing to extend gains as Federal Reserve rate hike expectations counterbalance softer Eurozone infla
The Commerce Department will remove restrictions on Fable, reversing a prior suspension of global access for non-US users. The US Commerce Department is expected to lift export controls on Fable’s AI models tonight, according to officials. The move reverses a recent ban th
The IMF forecasts New Zealand inflation to peak near 4% mid-2026, delaying recovery and complicating RBNZ policy decisions. New Zealand’s inflation is projected to rise to around 4% in mid-2026 before easing in 2027, according to the IMF’s latest assessment. The surge, dri
OCBC analysts say the baht's recovery remains limited without a broader decline in the USD amid equity outflows and central bank caution. The Thai baht’s recent rebound has stalled near 33.40 against the USD, encountering interim resistance after a sharp rise. Analysts not
Macquarie upgrades Visa and Mastercard to Outperform, citing the Open USD stablecoin's 140+ partners as a growth driver. Macquarie labeled the launch of the Open USD (OPEN-USD) stablecoin as a constructive development for Visa (V) and Mastercard (MA). The stablecoin has se
Sellers reasserted control after buyers briefly pushed the pair past the 38.2% retracement but failed to sustain momentum. The GBPUSD pair retreated after briefly breaking above the 38.2% retracement level at 1.32629, reaching a session high of 1.3276. Buyers initially def
The new stablecoin allows unlimited minting and redemption at no cost, targeting corporate adoption later this year. Open Standard launched OPEN-USD, a stablecoin enabling businesses to mint and redeem tokens without fees or volume restrictions. The company said the produc
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