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Rebound seen as fadeable – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong describe a technical rebound in USD/TWD driven by broader US Dollar (USD) strength and risk aversion linked to the US‑Iran ceasefire stalemate. While near-term upside risks persist, they still prefer fading rallies, citing strong foreign inflows into Taiwanese equities, high correlation with the tech cycle, and robust AI-led export momentum as supportive for the Taiwan Dollar (TWD).Short-term squeeze versus tech support”Technical rebound fade. USDTWD rebounded, tracking the…

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Spirit Airlines bailout: What it means for summer flyers and the industry

Travelers are unlikely to see major disruptions as the Trump administration reportedly moves closer to a bailout of bankrupt Spirit Airlines, industry experts say. Officials are discussing a roughly $500 million deal to help Spirit exit bankruptcy – an arrangement that could leave the federal government with up to a…

Markets

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Investing

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