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OCBC Bank: Dollar index in search of catalysts to break out of current range

OCBC analysts think that the dollar index may require further catalysts to jolt out of a 96.50-97.50 range on a multi-session horizon, after it tripped below 97.00 level on Friday.

Key Quotes

“Any further improvement in risk appetite levels stemming from Sino-US front may be limited to cyclicals & EM/Asia although soggy global macro undercurrents may remain potential threats to investor sentiment.”

“To this end, a heavy EURAUD or $EURAsia (selectively) may prove more fruitful from a tactical viewpoint instead.”

EUR/USD looks for direction around 1.1300, ZEW eyed

The selling pressure has resumed in the European currency on Tuesday and is now taking EUR/USD to the 1.1300 neighbourhood ahead of the opening bell i
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RBA Minutes: Shift to neutral stance - TDS

According to analysts at TD Securities, today’s release of RBA’s February  minutes are a truer representation of the shift in RBA stance to neutral co
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