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Singapore Dollar: Range-bound bias holds against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD extended higher than expected, with the pair touching 1.2814 instead of staying in the prior intraday range. Short-term momentum suggests scope for a test above 1.2820, though gains are seen as limited.

Singapore Dollar: Range-bound bias holds against US Dollar – UOB

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SK hynix logs record Q3 operating profit of $62.8 bil.

SK hynix on Wednesday reported 83.33 trillion won ($62.8 billion) in third-quarter operating profit, setting a new quarterly earnings record. The company said in a regulatory filing that its revenue and operating profit for the July-September period stood at 104.6 trillion won and 83.33 trillion won, respectively.

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