South Africa Manufacturing Production Index (YoY) came in at 1.9%, above forecasts (1%) in June

Aug 11, 2025

EUR/USD: Might try to reach 1.1720 – UOB Group

The current price movements are likely part of a 1.1610/1.1670 range trading phase. In the longer run, Euro (EUR) is likely to trade with an upward bias; it is unclear for now if it can reach 1.1720, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/JPY: Consolidation on the daily chart – OCBC

USD/JPY’s price action remains caught in a holding pattern as markets mull various factors including PM Ishiba’s political career, tariff implication and Fed-BoJ policy divergence. Pair was last at 147.73 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.