Category forex

Goldman Advises Buying Equity Dips

Goldman Sachs stays overweight on equities despite high risk appetite Goldman Sachs is maintaining an overweight stance on equities over a 12-month horizon, advising clients to buy pullbacks. The bank's Risk Appetite Indicator has reached its highest level since 2021,

Rupiah Weakens Against US Dollar

Rupiah hits fresh lows versus USD The Indonesian Rupiah has weakened to fresh lows against the US Dollar due to rising US yields and domestic policy uncertainty. The Rupiah's decline is also attributed to higher energy prices, which are weighing on investor sentime

Yuan Neutral Against USD

USD/CNH rebounds above 6.78 The USD/CNH pair has seen a sharp rebound above 6.78, invalidating prior bearish views. This move has led to a neutral outlook for the pair. The pair is expected to consolidate between 6.7620 and 6.7980 in the near term, with 6.7