AUD/USD fell once again at the 0.78 handle as strong Chinese industrial profits struggled to offer much for the Australian Dollar. All eyes are on the Fed this week.
US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On 2021-01-27 06:00:00 Daniel Dubrovsky, Strategist
US Dollar, Singapore Dollar, New Taiwan Dollar, Philippine Peso, Indian Rupee, ASEAN, Fundamental Analysis – Talking Points
US Dollar held ground as higher Treasury rates offset risk appetite pressure
Fiscal stimulus delay, Fed may cool Greenback versus SGD, TWD, PHP, INR
APAC, ASEAN data: Taiwanese and Philippine GDP, Chinese industrial profits
US Dollar ASEAN Weekly Recap
Last week, the haven-linked US Dollar cautiously weakened against its ASEAN counterparts, such as the Singapore Dollar and New Taiwan Dollar. It also saw some weakness against the Indian Rupee, but losses were modest. All things considered, it could have been worse for the anti-risk Greenback considering another solid week for Emerging Market indices as the EEM hit record highs – see chart below.
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US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On 2021-01-26 06:00:00 Daniel Dubrovsky, Strategist
US Dollar, Singapore Dollar, New Taiwan Dollar, Philippine Peso, Indian Rupee, ASEAN, Fundamental Analysis – Talking Points
US Dollar held ground as higher Treasury rates offset risk appetite pressure
Fiscal stimulus delay, Fed may cool Greenback versus SGD, TWD, PHP, INR
APAC, ASEAN data: Taiwanese and Philippine GDP, Chinese industrial profits
US Dollar ASEAN Weekly Recap
Last week, the haven-linked US Dollar cautiously weakened against its ASEAN counterparts, such as the Singapore Dollar and New Taiwan Dollar. It also saw some weakness against the Indian Rupee, but losses were modest. All things considered, it could have been worse for the anti-risk Greenback considering another solid week for Emerging Market indices as the EEM hit record highs – see chart below.