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Financial and Business News
In the view of FX Strategist Quek Ser Leang at UOB Group’s Global Economics &
Sellers could push USD/IDR below the 14,500 region in the near term, suggested FX Strategist
Economist at UOB Group Ho Woei Chen, CFA, reviews the latest interest rate decision by
Eurozone's Final Consumer Confidence Index arrives at -21.1 in May vs. -22.0 recorded previously, according to
EUR/USD pokes the 55-day SMA around 1.0770. The greenback extends the bearish note on Monday.
UK Public Inflation Expectations For 12 Months Ahead 6.1% vs. 6% previous, according to a
The risk-on mood undermined the safe-haven JPY and extended support to USD/JPY on Monday. The
GBP/USD is consolidating in fairly quiet trade close to one-month highs in the mid-1.2600s. Volumes
Cardano is identified by analysts as a bear market opportunity and considered an under-valued altcoin.
Bitcoin kicked off the week in a great posture, jumping by more than 5.20% since