T低调

NZD/USD surrenders daily gains as the US Dollar rebounds despite dovish Fed bets. The Kiwi pair exhibits a Bullish Divergence formation but will less likely get triggered. The RBNZ has reduced its interest rates by 125 bps to 4.25% this year. The NZD/USD pair gives up its intraday gains and returns

USD/CNH continued to drift lower, thanks to softer USD and taking cues from fixing guidance. Pair was last at 7.2737, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Corrective pullback likely “Policymakers continue to manage the daily fix, setting it lower at 7.1848 vs. 7.1879 (yesterd

Oil prices are on the back foot on Friday for a third consecutive day, flirting with a possible break lower. OPEC+ decision to delay output normalization by three months failed to convince markets. The US Dollar Index dips to a near one-week low ahead of the US Nonfarm Payrolls release. Crude Oil di

The US dollar index (DXY) saw a sharp uptick on Monday's, recouping part of the 1.7% dip it experienced last week. A cocktail of political drama and economic maneuvering fueled this resurgence. In France, political deadlock escalates as Marine Le Pen’s National Rally, now the powerhouse in the lower