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Market Analysis

Indian Rupee corrects sharply from two-month high as oil price boils

The Indian Rupee (INR) retreats from its two-month high against the US Dollar (USD) on Tuesday. The USD/INR pair recovers to near 94.90 from its two-month low of 94.29 posted last week as the impact of higher oil prices…

5 min read

WTI slips below $90.50 despite rising Middle East supply risks

West Texas Intermediate (WTI) oil price edges lower and is trading around $90.40 per barrel during Asian hours on Tuesday. However, crude oil prices may regain ground as Iran vowed to strike energy infrastructure across…

4 min read

Bitcoin Tests $82K Resistance as ETF Buying Strengthens

Bitcoin is trading above $79,000 after US spot ETFs pulled in a reported $730.9 million in a single day last week, their second-largest daily inflows of the year after the $843.6 million they drew in on January 14.

2 min read

Indonesian Rupiah: Oil and US inflation pose risks – MUFG

MUFG’s Lloyd Chan warns that upcoming US inflation data could test the recent Rupiah recovery, as firmer US inflation may reinforce elevated US yields and challenge USD/IDR’s break below 17,700. He notes limits to domes…

1 min read

Vietnam: Inflation and trade trends shape VND – Commerzbank

Commerzbank’s Vietnam update highlights rising inflation and a narrowing trade deficit, with strong manufacturing-led imports and resilient exports. The bank notes elevated CPI and external deficits limit scope for aggr…

2 min read

Asia FX: Stronger Dollar and Oil weigh on CNY and peers – BNY

BNY’s Geoff Yu highlights that a stronger US Dollar (USD), higher Oil prices and rising global yields are pressuring Asian currencies and assets. Chinese Yuan (CNY) remains relatively resilient but is drawing official s…

1 min read