USD/IDR: A sustainable breach of 14,410 appears unlikely – UOB
Quek Ser Leang at UOB Group’s ‘Global Economics & Markets Research’ noted that extra weakness below 14,410 in USD/IDR looks out of favour. Key Quotes
Source: fxstreet.com
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USD/THB: A drop to 33.81 should not be ruled out – UOB
FX Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research suggested USD/THB could attempt a move to 33.81 once 34.00 is cleared.
Source: fxstreet.com
The week ahead - Inflationary pressure, Singapore CPI, GDP, Monetary policy decisions
INFLATION data for April 2022, which will be the key focus this week, is expected to remain at around 2%.
Source: thestar.com.my
S&P Global Ratings Establishes Decentralized Finance (DeFi) Group Amidst Heightened Investor Interest
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Source: apnews.com
Economists: OPR increase is imminent after Fed's largest rate hike since 2000
KUALA LUMPUR (May 6) : Bank Negara Malaysia (BNM) is expected to hike rates soon on improved economic conditions and inflationary pressure, said some economists on Thursday (May 5).
Source: theedgemarkets.com