CYS INSIGHTS

Oct 11, 2023

US Data Resilient | China PMI Firmer

Contributed by Jeff Cheah, Strategic Sales Manager US Economy Stays Resilient | skip to SGD/CNY In a surprising turn of events, U.S....

Oct 3, 2023

Fed’s Hawks Supported USD | CFETC CNY Basket Buoyant

Contributed by Jeff Cheah, Strategic Sales Manager Fed’s Hawks Keep USD Supported | skip to SGD/CNY In the past week, Minneapolis Fed...

Sep 27, 2023

Fed Strengthened Hawkish Stance | China Lacks Risk-On Sentiments

Contributed by Jeff Cheah, Strategic Sales Manager Fed Strengthened Hawkish Stance | skip to SGD/CNY The Fed kept the federal funds rate...

Sep 20, 2023

Hawkish Fed Pauses CNY Slight Rebound

Contributed by Jeff Cheah, Strategic Sales Manager Fed’s Hawkish Pause Expected in FOMC Meeting this Week | skip to SGD/CNY U.S. Labor...

Sep 13, 2023

USD Still Preferred Bid CNY Continues to Drag

Contributed by Jeff Cheah, Strategic Sales Manager Watch CPI Release this Wednesday | skip to SGD/CNY The economic data disclosed since...

Sep 6, 2023

USD Stays Supported | CNY Lacks Rebound Catalysts

Contributed by Jeff Cheah, Strategic Sales Manager US Job Market Remains Stable | skip to SGD/CNY U.S. employers added 187,000 jobs in...

Aug 23, 2023

FOMC Minutes Lift USD China Economy Struggles

Contributed by Jeff Cheah, Strategic Sales Manager Hawkish FOMC Minutes Lifted USD | skip to SGD/CNY On August 16, EST, the Fed announced...

Aug 16, 2023

US Inflation Shows Upticks China Trade Data Falters

Contributed by Jeff Cheah, Strategic Sales Manager US Inflation Prints Showed Upticks in July | skip to SGD/CNY U.S. inflation, which has...

Aug 9, 2023

US Economy Stays Resilient, China Data Underwhelms

Contributed by Jeff Cheah, Strategic Sales Manager US Economy Remains Resilient | skip to SGD/CNY Last week, we saw the employment...

Aug 2, 2023

USD Remains Moderate-to-Soft While CNY Struggles

Contributed by Jeff Cheah, Strategic Sales Manager Fed Hikes 25bp as Expected | skip to SGD/CNY Last week, we saw the Fed hiking interest...

Jul 18, 2023

USD Fades Amid Soft Data While CNY remains Dismal

Contributed by Jeff Cheah, Strategic Sales Manager Soft CPI and Non-Farm Payrolls Drive USD Lower | skip to SGD/CNY U.S. inflation fell...

Jul 11, 2023

USD Strength Unlikely to Fade while CNY Headwinds Continue

Contributed by Jeff Cheah, Strategic Sales Manager Waiting for Catalyst for a Firmer Dollar | skip to SGD/CNY Latest data showed U.S....

Jul 4, 2023

USD Mixed After Data Beleaguered CNY Performance Continues

Contributed by Jeff Cheah, Strategic Sales Manager Positive Story Remains for USD | skip to SGD/CNY Last week we saw USD traded with a...

Jun 28, 2023

Powell’s 2-day Testimony Lifts USD Higher Overall

China’s MayKey Growth Data Disappointment Weighs on CNY Contributed by Jeff Cheah, Strategic Sales Manager Bias for Sporadic USD Upticks...

Jun 20, 2023

Hawkish Fed Pauses Rates, rebound in USD not ruled out while CNY continues to struggle

Contributed by Jeff Cheah, Strategic Sales Manager USD/SGD Skews Towards Downside | skip to CNY/SGD Last week, we saw USD traded with...

Jun 14, 2023

USD/SGD Bearish Outlook if Fed Pauses Rates, while Weak Demand Drives CNY Weakness

Contributed by Jeff Cheah, Strategic Sales Manager USD/SGD Bearish If Fed Pauses Rates | skip to SGD/CNY Last week, we saw the USD giving...

May 22, 2023

Market Update: USD Momentum, USDSGD Sell-on Rally Call, and China's Economic Concerns

Contributed by Jeff Cheah Last week, we saw the USD regaining strong momentum, particularly in mid-week. We note that the disappointment...