Markets are very sensitive to comments surrounding FX – OCBC

By: bitcoin ethereum news|2025/05/15 19:30:12
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There was quite a bit of volatility in FX markets overnight, with USD declining at first, in response to the Bloomberg headline that US discussed FX with South Korea. DXY was last at 100.77 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Sideway trades are likely for now “This was also separately confirmed by South Korea’s finance ministry spokesperson. To put in perspective, this was not exactly a fresh headline as it was originally reported last week by Korea Times but was not picked up by the mainstream media outlets. At the ADB event in Milan last week, BoK Governor Rhee said that Asian currencies, including the Korean won, have been gaining ground partly due to the U.S. administration’s pressure on Asian countries to appreciate their currencies.” “Then USD losses were partially retraced after Bloomberg carried a separate report saying that US officials are not seeking to include currency pledges in trade deals (according to a person familiar with the matter, without naming the person). The sharp 2-way moves highlighted how markets are very sensitive to comments surrounding FX especially against a backdrop of chatters of de-dollarisation and questions if FX policy or pledges were part of US bilateral trade talks. Uncertainty on this front may still prove volatile for USD.” “Bullish momentum on daily chart intact but RSI eased. Sideway trades likely for now unless a fresh catalyst emerges. Resistance at 101.80 (50 DMA), 102.60 (38.2% fibo). Support at 100.80 (23.6% fibo retracement of 2025 peak to trough), 99.85 (21 DMA). The next set of US data to watch out for is retail sales, empire manufacturing, industrial production, initial jobless claims and PPI (tonight).” Source: https://www.fxstreet.com/news/dxy-markets-are-very-sensitive-to-comments-surrounding-fx-ocbc-202505150956

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In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

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WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

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WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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