Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Shyam Devani provides key market commentary encompassing analysis of Foreign Exchange, Fixed Income, Commodities, and Equities globally – both in G10 and Local Markets. He takes a multi asset class approach incorporating fundamental, behavioural, and historical trends as well as technical signals.

Shyam has delivered strategic market insights to a number of trading desks and institutional clients internationally (funds/corporates/banks) through written publications, presentations, face to face meetings and conferences. He has had numerous appearances on CNBC, Bloomberg, and Singapore Radio providing his short and medium term views on markets while being the front office media commentator during his time at Citi.

He has been commentating on financial markets since 2004. Since 2006, he was running one of Citi’s top market products, CitiFXTechnicals, initially in London followed by Singapore where he took a lead role in enhancing the coverage of markets in Asia.

Founder & Chief Market Strategist - SAV Markets

Drivers Behind the Turnaround of Asian Currencies

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Technical Analysis

Recent price action shows USD weakness re-emergingThree main USD indices are shared below which suggest that the<ul>
<li>DXY Index should ill fall to 92.84 if not the 92 area</li>
<li>BBDXY Index to 1,148 if not 1,138.</li>
<li>ADXY Index back up towards 110 on breach of 108.38</li>
</ul>

Recent price action shows USD weakness re-emergingThree main USD indices are shared below which suggest that the
DXY Index should ill fall to 92.84 if not the 92 area
BBDXY Index to 1,148 if not 1,138.
ADXY Index back up towards 110 on breach of 108.38


USD

USD Trend Re-Emerging & Asia Positive