By Catherine Tan — May 05 - 10:25 PM
USD/SGD higher, tracks steady DXY, rally in USD/CNH, USD/JPY
Pair last at 1.3512-15, traded amid 1.3470-1.3518 range so far
Sustained gains above 1.3500 risks return to 1.3550 resistance
DXY last at 105.09, traded amid 105.05-105.20 range so far
USD/CNH rallies on short squeeze, deeply oversold 21days BB
USD/JPY last at 153.65-70, traded amid 152.80-153.74 range so far
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Source:
Refinitiv IFR Research/Market Commentary