Market News

Further US Dollar Weakness: Is it a Possibility? Likelihood of USD Decline Prossionally speaking, further weakness in the US Dollar (USD) is not ruled out in the current market conditions. The major support level at 7.2420 may be out of reach at the moment, according to FX analysts Quek Ser Leang and Lee Sue Ann…

US Dollar (USD) Outlook Technical Analysis According to UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann, the US Dollar (USD) could potentially break the key support level at 154.90. If this support is breached, the next major support level at 154.40 is likely out of reach for now. This suggests that in…

The Ups and Downs of EUR/USD: A Market Overview Tuesday’s Correction EUR/USD corrected lower to near 1.0350 in Tuesday’s European session after surging to 1.0430 on Monday. The major currency pair faces pressure on Tuesday as the US Dollar (USD) pares some of Monday’s losses. Market Volatility The foreign exchange market is known for its…

Momentum Building for the New Zealand Dollar (NZD) Breaking Above 0.5700, But Can it Hold? It seems that the New Zealand Dollar (NZD) is gaining some serious momentum in the forex market. According to UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann, there is a possibility that the NZD could break above…

Blog Post USDINR Gains Marginally as Trump’s Policy Pronouncements Shake Markets In the past 24 hours, the USDINR pair has seen a slight uptick, with the Indian Rupee losing ground against the US Dollar. However, what has really caught the attention of investors and traders worldwide are the policy pronouncements of US President Donald Trump….

The Impact of Federal Reserve Rate Cut Expectations on Stock Prices Looking Ahead: Federal Reserve Rate Cut Projections for 2025 As the year gets underway, market analysts and investors alike are closely monitoring the U.S. Federal Reserve’s stance on monetary policy, particularly in relation to potential rate cuts. The expectations surrounding how the Federal Reserve…

AI’s Impact on Chip Design Innovations The Current Landscape As artificial intelligence continues to advance at a rapid pace, the demand for more powerful and efficient AI chips is on the rise. This has led to a virtuous cycle where the need for better AI technology is driving innovations in chip design, and advancements in…

Is the Stock Market Headed for a Downturn in 2025? 2024: A Year of Highs and Risks Looking back at 2024, it was a bullish year for the stock market. However, this success came with a caveat – extreme complacency and red-lining indicators. Investors seemed to have thrown caution to the wind as the market…