Singapore Foreign Reserves (MoM) up to 427.9B in July from previous 426.2B

Japanese Yen holds onto weekly losses amid absence of US-Japan intervention follow-up

The Japanese Yen (JPY) has underperformed its major currency peers this week due to a lack of follow-up joint intervention by the United States (US) and Japan.
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Australian Dollar: Upside risk tied to 0.7075 break against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD has pulled back to 0.7032 after failing to clear 0.7075, with intraday price action expected to remain range-bound between 0.7015 and 0.7055.
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