Stay updated with breaking news from பிலிப்பைன் பேஸொ. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US Dollar Outlook: SGD, THB, IDR, PHP May Fall on Capital Flight, Covid Risks 2021-07-19 03:30:00 Daniel Dubrovsky, Strategist US Dollar, Singapore Dollar, Thai Baht, Indonesian Rupiah, Philippine Peso, ASEAN, Fundamental Analysis – Talking Points The US Dollar extended gains against ASEAN currencies as Covid cases swell ASEAN event risks include the Bank of Indonesia and Singapore inflation data US Dollar ASEAN Weekly Recap The US Dollar extended gains against ASEAN currencies this past week, including versus the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso – as expected. My ASEAN-based US Dollar index touched its highest since early November 2020 – see chart at the end of the article. The pickup in the Greenback has been occurring amid rising Covid cases in the ASEAN region, which have been exponentially picking up pace – see immediate chart below. ....
US Dollar Analysis, Gains Continue: USD/SGD, USD/THB, USD/PHP, USD/IDR dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
US Dollar Outlook: Delta Covid Cases Inducing Risk Aversion. THB, PHP, IDR Wobble 2021-07-12 03:00:00 Daniel Dubrovsky, Strategist US Dollar, Singapore Dollar, Thai Baht, Indonesian Rupiah, Philippine Peso, ASEAN, Fundamental Analysis – Talking Points US Dollar gains against ASEAN currencies amid Delta Covid variant rise Watch US CPI, a higher print risks amplifying ASEAN market volatility US Dollar ASEAN Weekly Recap The US Dollar extended gains against ASEAN currencies this past week, making notable progress against the Thai Baht and Philippine Peso. This is as the Singapore Dollar and Indonesian Rupiah were relatively restrained. The Greenback’s performance has been closely aligning with weakness in ASEAN equities amid surging local coronavirus cases – see chart below. In fact, according to Bloomberg, countries like Thailand, the Philippines and Malaysia saw combined outflows in equities the most since the third quarter of 2020. ....
US Dollar Outlook: Has the Trend Finally Reversed? USD/SGD, USD/THB, USD/PHP, USD/IDR dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Dubai: Remittances from the UAE are seeing a surge as several, particularly South Asian currencies, were losing ground and recorded remittance-beneficial rates in the past days. But will currency trend continue? Estimates show Indian Rupee, Pakistani Rupee, Philippine Peso currencies will drop will even further in the weeks to come. Will currency back home rise or fall? When it comes to sending money back home, it is vital to know whether it is currently an ideal time to remit. To understand whether it is or isn’t, one should first find out if your currency back home is expected to rise or fall in the days to come. ....