Market Talk
– The dollar extended its advance against a basket of currencies, building on the gains logged after the U.S.… Read More
Tag: USD/SGD
FX Commentary – US Dollar Continues Its Rally Following FOMC Announcement
Market Talk
– The dollar was headed for its best week in nearly nine months on Friday as investors scrambled to price in a sooner-than-expected ending to extraordinary U.S.… Read More
FX Trading Idea – USD/SGD
Strategy
Buy 1.3160 with a stop below 1.3000 for 1.3530
Technical View
After reaching a high at 1.4645 in March 2020, price has been on a decline.… Read More
FX Commentary – Tapering Talks Helped US Dollar Regain Ground
Market Talk
– The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S.… Read More
FX Commentary – USD Dollar Higher On Higher Treasury Yields
Market Talk
– The dollar was up on Tuesday morning in Asia as investors bet that rising inflation and surging commodity prices would erode the dollar’s value as the Federal Reserve maintains its loose monetary policy increasing concerns about runaway inflation.… Read More