OCBC strategists Sim Moh Siong and Christopher Wong note that USD/SGD is trading with a bid tone on a firmer US Dollar (USD) backdrop, with resistance around 1.2940 and support near 1.2840/50. While Singapore Dollar (SGD) is seen as relatively resilient if Oil stays contained, higher US yields and fragile…
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ING’s Francesco Pesole expects Fedspeak and developments around the Strait of Hormuz to be the key drivers for the Dollar this week, with front-end USD rates remaining central for DXY. He notes upside risks for USD in the near term but does not see a new strong Dollar cycle, and highlights lower Oil prices as a potential brake on gains.Fedspeak and geopolitics steer Dollar”We expect the two main drivers for the dollar this week to…
EUR/JPY advances toward 185.30 on Monday, gaining 0.16% at the time of writing, as markets…
This as-told-to essay is based on a conversation with Aashna Doshi, a 23-year-old former Google…
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Ukraine is trying to isolate Crimea from over 70 miles away with its new drones, and new fuel cuts on the peninsula suggest the campaign is bearing fruit.Crimea’s Russian-appointed governor, Sergei Aksyonov, announced on Sunday that the annexed peninsula would cease public fuel sales entirely.”Fuel will be sold only to…
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Costco has added a new frozen treat to its shelves from a brand customers have praised as “top tier.” Yasso Frozen Greek Yogurt Cups have been offered at select warehouse locations, according to the brand.The product was introduced late last month, the company announced, just in time as summer temperatures…
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A Texas woman died after a Tesla crashed through a brick home while the driver said an automated driving-assistance system was engaged, authorities said.The crash happened around 8:03 p.m. on Friday in Katy, Texas, where Michael Butler was driving a Tesla Model 3, the Harris County Sheriff’s Office said in…
