South Africa Trade Balance (in Rands) dipped from previous 34.7B to 15.46B in December

Jan 31, 2025

USD/SGD: Price pattern resembles a rising wedge – OCBC

USD/SGD was a touch firmer as Trump’s tariff threats ahead of 1 Feb deadline undermined sentiments. Pair was last seen at 1.3540, OCBC's FX analysts Frances Cheung and Christopher Wong note.

US Dollar adds to gains with tariff talk and PCE as main drivers

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, currently trades at 108.25 at the time of writing and is receiving quite a few tailwinds this Friday.