Tag Archives: currency peg

YTD movement of major ASEAN currency pairs

THB-MYR-SGD trio strengthens against USD since beginning 2017. Philippine Peso weakest amongst major ASEAN currencies. Indonesian Rupiah looks ‘pegged’ to USD. Malaysian Ringgit weakening against SGD temporarily over.

SNB surprises, CHF blasts away, freezes then gaps

CHF strengthens furiously following Swiss National Bank’s high impact surprise to stop Minimum Exchange Rate with Euro. From our favourite broker explaining why price feed froze “there was a massive drop in CHF due to their central bank removing a floor in the market so no pricing was received for a time”