“Market Sell-off May Shatter Deadlock: ING Predicts Short-Term USD Bull Surge!”
The US debt ceiling impasse is increasingly becoming a short-term supporting factor for the US Dollar, according to economists at ING. The recent meeting between President Joe Biden and Congressional Republicans did not result in substantial progress towards an agreement, and while Republican leader Mitch McConnell downplayed the risk of a US default, he acknowledged […]
“USD/THB Surges: UOB Sees Impressive Near-Term Growth with Extra Upside Potential!”
ob Group in our previous note to “edge higher to 33.00 within a few weeks”. USD/THB subsequently touched 32.75 last week before settling down in a slight corrective pull-back. While USD/THB has failed to extend its advance for now, our view for the currency pair to strengthen towards 33.00 remains intact. That being said, overall […]