About: davin

Recent Posts by davin

UOB strategists expect USD/JPY to consolidate after volatility, trading 158.50–159.20 now, 157.55–160.50 over weeks

UOB strategists see USD/JPY rangebound after volatility, eyeing 158.50–159.20 today; 157.55–160.50 remains forecast.

Commerzbank says RBI relaxed NDF limits, letting dealers offer, roll over, cancel contracts, and hedge, amid rupee stability

RBI eased NDF rules, allowing dealers more flexibility; USD/INR rose to 93.12, rupee weakest in Asia.

XAG/USD silver slips near $79 in Europe, as traders await Kevin Warsh’s Federal Reserve chair hearing

Silver slips near $79 ahead of Warsh hearing; Fed independence eyed. Technicals show triangle, key resistance/support levels.

Following improved UK employment figures, the pound draws buyers, despite GBP/USD edging lower near 1.3525

Sterling initially rose on stronger UK jobs data; focus shifts to CPI, PMIs, retail sales later.

Commerzbank says New Zealand’s 3.1% inflation and rising energy costs may spur late-May hike, briefly boosting NZD

New Zealand inflation hit 3.1% in Q1; energy costs may spur RBNZ caution and potential May rate hike.

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