Monthly Archives: June 2026
OCBC Cuts Rupiah Forecasts as Policy Uncertainty Mutes Impact of Bank Indonesia Rate Rise
Written on June 3, 2026 at 3:50 am, by josephine
OCBC cuts IDR forecasts despite BI’s 50bp hike, citing policy uncertainty, high oil, and strong yields.
API data show US crude inventories fall 6.75m barrels, outpacing forecasts as summer demand builds
Written on June 3, 2026 at 3:45 am, by josephine
API reports US crude stocks fell 6.75m barrels, beating forecasts, signaling tighter supply and boosting bullish summer outlook.
DBS lifts 2026 USD/PHP view as oil shock widens deficits and inflation squeezes BSP
Written on June 3, 2026 at 3:17 am, by josephine
DBS lifts 2026 USD/PHP forecast to 62.7 as oil shock drives inflation, deficits, and peso weakness.
Dollar firms as JOLTS beats forecasts; euro subdued, yen weak and gold steady under higher yields
Written on June 3, 2026 at 3:16 am, by josephine
Dollar firms on strong jobs data; EUR pressured, yen weak; gold flat, oil range-bound amid mixed demand.
MUFG Sees AI-Led Chip Exports Supporting Asia, Keeping Bank of Korea Hawkish on Sticky Rates
Written on June 3, 2026 at 2:46 am, by josephine
MUFG: AI semiconductor exports and hawkish Bank of Korea support KRW, offset Hormuz risks; USD/KRW targets 1400.
Argentina’s May tax receipts jump to 21.5 trillion pesos, bolstering fiscal outlook and asset appeal
Written on June 3, 2026 at 2:45 am, by josephine
Argentina’s May tax revenue jumped to 21.5 trillion pesos, reinforcing fiscal improvements and supporting bullish Argentina trades.
USD/CHF Climbs as Risk Appetite Improves, Eyes 0.7900 Break on Fed–SNB Policy Divergence
Written on June 3, 2026 at 2:15 am, by josephine
USD/CHF rises as risk appetite improves; clears 50-day SMA. Break 0.7900 targets 0.7958-0.8000; downside 0.7830.
Gold Holds $4,500 as Descending Triangle, Higher Yields and Dollar Raise Downside Risk
Written on June 3, 2026 at 1:48 am, by josephine
Gold consolidates near $4,500 as descending triangle, stronger dollar, and higher yields raise breakdown risk.
Sterling Gains as Ceasefire Eases Risk, OCBC Turns Neutral and Sees Lower GBP Volatility
Written on June 3, 2026 at 1:47 am, by josephine
Sterling rebounds to 1.3470 as ceasefire optimism and lower oil cut volatility; OCBC turns neutral.
Gold hovers near $4,500 as firmer dollar and strong JOLTS data curb haven demand
Written on June 3, 2026 at 1:46 am, by josephine
Gold steadied near $4,500 as dollar firmed; strong JOLTS boosts hawkish Fed bets, favoring bearish options.
