Sage Investment Club

USD/CNH could still advance to 6.8500 and above – UOB

Share: Further gains could still lift USD/CNH to the 6.8500/6.8800 region in the next few weeks, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes 24-hour view: “Our expectations for USD to edge lower did not materialize as it traded in a relatively quiet manner between […]

Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY

Dollar, Emerging Markets, Peso, Hong Kong Dollar, Lira and Rupee Talking Points: The Market Perspective: USDHKD Range Bound Below 7.8500 The charge in risk trends through January has come on hard times recently, leading assets like indices to drop and regions like the EM to ease; in turn EM currencies have been hit USDHKD is […]

Dow Index’s 5-Day Advance Still a Range and Nasdaq 100 Overtakes the 200 SMA

Dow Jones Industrial Average, Nasdaq 100, Volatility and Event Risk Talking Points: The Market Perspective: Dow Range 34,600 to 38,200 Equities begrudgingly advanced in the past US session, leading the Dow to a five-day advance that still fits comfortably within its broad range The Nasdaq 100’s 2.0 percent rally pushed the index above its 200-day […]