Financial and Business News
USD/RUB has experienced a parabolic uptrend. Next upside targets aligns at 153 and 163, economists
EUR/USD recovered yesterday from the intra-day low of 1.0806 but struggled to make much headway,
Economist at UOB Group Barnabas Gan reviews the latest release of Retail Sales in Singapore.
China's February CPI is seen rising by 0.5%, decelerating from January's uptick of 0.9% given
China's economy is seen rebounding in the second quarter of 2022, boosted by the People's
Industrial Production in Germany jumped more than expected in January, the official data showed on
EUR/USD reverses the recent weakness and retakes 1.0900. Risk appetite shows some improvement on Tuesday.
USD/CAD attracted some dip-buying on Tuesday and turned positive for the fourth straight day. An
AUD/USD witnessed some follow-through selling for the second successive day on Tuesday. A turnaround in
Euro area GDP expanded by 0.3% in Q4 as expected. EUR/USD clings to modest daily
