Despite 1-month relief rally since February, fortune for STI, DBS and Sembmar did not improve as all three remain in down trend mode, negative for year.
Full speech of Yellen to the Economic Club of New York yesterday dropped hints again that the US Federal Reserve will not raise rate in June 2016. This sent USD dropping. USD has been going up since hints of Interest Rate hike If you take a
3 levels on the Dollar Index DXY that indicates where the USD is headed and whether there is going to be a rate hike in 2016.