About: melody

Recent Posts by melody

A weaker USD results in a struggling USD/CHF, unable to maintain its position above 0.8200

USD/CHF declines despite strong US jobs data, amid Fed uncertainty, trade tensions, and Swiss Franc strength.

Concerns over tariffs and OPEC+’s output increases impede oil prices, risking further declines ahead

OPEC+ to boost oil output, threatening cuts rollback; crude dips amid trade tensions and market uncertainty.

Details regarding the May 5 New York cut for FX option expiries are listed below

Major expiries include EUR/USD at 1.1200, USD/JPY at 145.50, and USD/CAD at 1.3870.

A few FX option expiries for EUR/USD are unlikely to cause much market impact today

EUR/USD expiries at 1.1300 and 1.1400 may curb moves, but USD sentiment drives market direction.

Retail sales in Singapore improved from -3.6% to 1.1% year-on-year in March

Singapore’s retail sales rose 1.1% in March, signaling recovery and renewed consumer confidence after decline.

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