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Aug 06 - 10:55 PM

USD/JPY - USD/SGD Jumps; USD/JPY Flies On Uchida's Comment

By Catherine Tan  —  Aug 06 - 09:55 PM
  • USD/SGD popping higher, tracks rally in USD/JPY, DXY

  • USD/JPY rallies after Uchida's says will maintain easy monetary conditions

  • USD/JPY flies above 147, up from the early low at 144.32

  • USD/SGD last at 1.3280-85, traded amid 1.3248-85 range so far

  • Next stop at 1.3300 on cards; STI +1.61% on risk bounce

  • DXY last at 103.26, traded 102.97-103.31 range so far

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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