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6

May 2026
OCBC strategists expect USD/SGD to rebound after a relief dip, amid two-way trading and escalation upside risk

OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.

6

May 2026
With the US Dollar broadly supported, NZD/USD hovers near 0.5890, recovering modestly but lacking momentum

NZD/USD hovered near 0.5890, capped by resistance as safe-haven Dollar strength persisted amid Middle East tensions.

6

May 2026
Following the RBA hike, AUD/USD rises 0.25%, stabilising near 0.7185 after 0.7150 support held

AUD/USD climbs to 0.7185 after RBA hike; traders await Australian, Chinese trade data and US payrolls.

6

May 2026
US weekly API crude oil inventories fell 8.1 million barrels, exceeding forecasts for a 2.8 million drawdown

US weekly API crude inventories fell 8.1 million barrels to May 1, beating forecasts for 2.8 million drop.

6

May 2026
UOB economists say Indonesia’s 1Q26 GDP rose 5.61% annually, underpinned by spending, consumption, investment constraints

Indonesia’s 1Q26 GDP rose 5.61%, beating forecasts, powered by spending; sustaining growth hinges on fiscal limits.

6

May 2026
USD/CHF slips 0.12% in North America, encountering resistance near 0.7842–57 from 20/50/100-day SMAs

USD/CHF slides to 0.7830, rejected at SMA resistance; bearish bias persists, with key support near 0.7800.

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