Asia FX: De-escalation hopes support regional currencies – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that improved diplomatic signals in the Middle East have boosted risk sentiment, softening the US Dollar (USD) and supporting Asian FX. However, high US front-end yields still underpin the Dollar, and bond markets remain cautious.
MUFG’s Senior Currency Analyst Lloyd Chan notes that improved diplomatic signals in the Middle East have boosted risk sentiment, softening the US Dollar (USD) and supporting Asian FX. However, high US front-end yields still underpin the Dollar, and bond markets remain cautious.
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