About: davin

Recent Posts by davin

MUFG’s Lloyd Chan says elevated geopolitical risks persist, yet REER valuations imply the rupiah is undervalued versus USD

Rupiah is undervalued; policy support curbs volatility. USD/IDR overbought; forecast 17,000 end-Q2, stabilisation then improvement.

GBP/USD hovers around 1.35 as traders await UK PMIs and retail sales amid choppy, uncertain trading

GBP/USD stayed rangebound near 1.3510 as UK CPI surprised; traders await UK, US PMIs data.

USD/JPY stabilises near 159.50 as traders await Japan’s CPI and US PMIs, signalling indecision

USD/JPY steadied near 159.50 as Japan trade surplus missed, oil stayed firm, and key data loomed.

OCBC’s Christopher Wong expects USD/KRW may rebound as bearish pressure eases and RSI climbs from oversold levels

USD/KRW decline pauses; momentum eases, RSI rebounds. Wong sees 1492 rebound, 1460/64 support; ceasefire talks may boost risk.

Amid Middle East tensions and Hormuz ship seizures, AUD/USD hovers near 0.7160, limiting gains

AUD/USD steadied near 0.7160 as Middle East tensions, risk-on equities, and upcoming PMI/jobs data loomed.

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