Singapore Dollar: Buy dips against dollar in choppy range – OCBC

OCBC notes USDSGD is trading choppily in a subdued range, closely tracking moves in the USD, Oil and UST yields. The bank sees mild bullish momentum starting to fade and maintains a bias to sell rallies, with key support around 1.2720/60 and 1.2650/70 and resistance near 1.2840/50.

Silver Price Forecast: XAG/USD remains range-bound with RSI and MACD signaling weak momentum

Silver (XAG/USD) remains range-bound on Friday as traders avoid aggressive positioning amid uncertainty surrounding US-Iran negotiations. At the time of writing, the white metal trades near $76.00 and is likely to close the week on a flat note.

Gold price slips as Waller’s hawkish comments lift USD

Gold price edges lower during the day as the Greenback recovers some ground amid doubts that the US and Iran could reach a deal to end the conflict, and traders are pricing in a Federal Reserve (Fed) rate hike by the end of the year. At the time of writing, XAU/USD trades at $4,518, down 0.50%.

South Korea: Hawkish BoK tilt supports Won – ING

ING economists Min Joo Kang and Lynn Song expect the Bank of Korea to leave policy rates unchanged this week but to adopt a more hawkish tone. They see updated dot plots pointing to one or two rate hikes within six months, alongside upgraded GDP and CPI forecasts.

A new Fed chair, an old instinct: Why markets may be misreading Warsh

Kevin Warsh was sworn in as the 17th head of the Fed on Friday, the first chair to take the oath at the White House since Alan Greenspan in 1987, a venue choice that says plenty about how close this central bank now sits to the executive branch. The optics got stranger from there.

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

The post Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation appeared first on Forex Crunch.

AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

The post AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside appeared first on Forex Crunch.

EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

The post EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP appeared first on Forex Crunch.

GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

The post GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP appeared first on Forex Crunch.

Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

The post Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI appeared first on Forex Crunch.