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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

SGD

Singapore April industrial output rises 2.1% Y/Y (est. +3.5%)

  • Industrial output rises 1% M/M (est. +1.0%)
  • USD/SGD sitting just above session lows, last at 1.3269. Having taken out some support levels the next target for bears is 1.3245, a 76.4% retracement level. The rate failed to make a significant break of the level twice in April, so if the rate did consolidate below here it would the lowest since late February.