USD/JPY: Pace of decline may slow – OCBC

USD/JPY extended its decline as Trump tariff threats ramped up demand for safe haven proxies, including JPY, CHF and Gold. USD/JPY was last at 142.85 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Risks remain skewed to the downside

"Daily momentum turned mild bearish while RSI fell. Risks remain skewed to the downside. Next support at 142, 141.60 before 139.90 (recent low in April). Resistance at 144.40/60 levels (21 DMA, 23.6% fibo retracement of 2025 high to low) and 145.70 (50 DMA)."

May 26, 2025

NZD/USD: Any advance is unlikely to reach 0.6030 – UOB Group

New Zealand Dollar (NZD) could rise further vs US Dollar (USD), but due to the overbought conditions, any advance is unlikely to reach 0.6030. In the longer run, for a sustained advance, NZD must break and hold above 0.6030, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

了解更多 Previous

May 26, 2025

US: Is this still capitalism? – Commerzbank

On Friday, Donald Trump returned to his favourite topic, tariffs. In response to the announcement of a big US technology company that it plans to move production from China to India, Trump threatened to impose a 25% tariff on its smartphone unless they are manufactured in the US for the US market.

了解更多 Next