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Huobi's $500 million nightmare: from a rumor to alleged insolvency

Rumors can act as a dangerous weapon, triggering panic and leading to capital flight. The cryptocurrency exchange H...

August 7, 2023, 7:09 am

Aud/usd: dwindling bets for a deeper pullback – uob

GBP/USD is falling below 1.2750 early Monday, pressured by a modest US Dollar rebound. Bets for more Fed rate hikes and pre-US CPI anxiety revive dema...

August 7, 2023, 6:59 am

Gbp/usd: still scope for further downside – uob

EUR/USD comes under some selling pressure and is undermined by reviving USD demand. Bets for more Fed rate hikes turn out to be a key factor lending s...

August 7, 2023, 6:44 am

Eur/usd seems to have moved into a consolidative phase – uob

EUR/USD comes under some selling pressure and is undermined by reviving USD demand. Bets for more Fed rate hikes turn out to be a key factor lending s...

August 7, 2023, 6:14 am

Gbp/usd risks a probable drop to 1.2580 – uob

GBP/USD holds a positive note and snaps a four-day losing streak during the Asian session on Friday. The major pair trades around 1.2730, gaining 0.17...

August 4, 2023, 7:14 am

Eur/usd could weaken to the 1.0860 region – uob

EUR/USD clings to mild gains around 1.0960 as traders in Europe brace for a volatile Friday filled with multiple top-tier data/events. While preparing...

August 4, 2023, 7:14 am

Nzd/usd: next on the downside comes 0.6020 – uob

EUR/USD is trading on the defensive below 1.0950, holding close to multi-week lows. Bets for more rate hikes by the Fed continue to underpin the US Do...

August 3, 2023, 7:45 am

Eur/usd could slip back to the 1.0865 level – uob

Further downside could see EUR/USD retreat to the 1.0860 region in the next few weeks, note uob Group�...

August 3, 2023, 6:29 am

Usd/jpy now looks at a potential test of 145.00 – uob

EUR/USD is holding recovery gains near 1.1000 in the early European session on Wednesday. The pair is finding support from a broadly weaker US Dollar,...

August 2, 2023, 8:15 am

Aud/usd: door open to a probable drop to 0.6540 – uob

The EUR/USD pair faces selling pressure above the psychological resistance of 1.1000 in the Asian session. The major currency pair comes under pressur...

August 2, 2023, 7:44 am

Eur/usd: a drop to 1.0920 appears not favoured – uob

Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at uob Group see a dwindling like...

August 2, 2023, 6:14 am

Usd/jpy: a sustained advance is likely above 143.20 – uob

24-hour view: The strong rally in USD that sent it to a high of 142.67 came as a surprise. While severely overbought, the rally could extend to 143.20...

August 1, 2023, 7:44 am

Nzd/usd now seen within a range bound trade – uob

Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at uob Group see NZD/USD navigati...

August 1, 2023, 7:29 am

Eur/usd: downside pressure appears mitigated – uob

EUR/USD stabilizes around the 1.1000 psychological magnet as the bulls and the bears struggle for clear directions amid mixed catalysts, as well as th...

August 1, 2023, 6:14 am

Usd/jpy keeps the outlook mixed for the time being – uob

USD/JPY is seen keeping a bumpy trade within the 138.50-141.95 range in the next few weeks, comment uob...

July 31, 2023, 10:14 am

Aud/usd: a drop to 0.6595 is not ruled out so far – uob

In the view of uob Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, there is stil...

July 31, 2023, 8:14 am

Gbp/usd faces a solid support around 1.2720 – uob

GBP/USD aptly portrays the market’s indecision near 1.2850 early Europe, bracing for a key week comprising the BoE policy decision and the US NFP da...

July 31, 2023, 6:44 am

Eur/usd: further weakness loses traction – uob

The downside momentum in EUR/USD seems to be running out of steam, note uob Group’s Economist Lee Sue...

July 31, 2023, 6:29 am

Usd/jpy: downward momentum picks up pace – uob

EUR/USD is on the back foot near 1.0950 in the early European morning. The US Dollar is consolidating weekly gains ahead of the key PCE inflation data...

July 28, 2023, 7:59 am

Gbp/usd faces a major support around 1.2720 – uob

EUR/USD is on the back foot near 1.0950 in the early European morning. The US Dollar is consolidating weekly gains ahead of the key PCE inflation data...

July 28, 2023, 7:14 am


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