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The Australian Dollar was whipsawed by a violent reaction to the stronger US CPI report. Be wary of violent USD/JPY price action as the pair climbs past levels where Japan intervened.
The Singapore Dollar strengthened after the MAS surprised markets with policy tightening amid inflationary pressures. Will this be enough to send USD/SGD meaningfully lower?
The Singapore Dollar is aiming for its best day against the US Dollar in 5 weeks after the Monetary Authority of Singapore (MAS) tightened policy. USD/SGD is eyeing support next.