Asian currencies to the fore

Nov 21, 2023 | Commodities, Currency, Economy, Global Share Markets, Money Market

The US dollar has extended its recent decline. “It has been under pressure amid softer than expected inflation and activity data which has reinforced investors' expectations that the Fed tightening cycle is complete.” Notes Stuart Riston at BNZ Market. The dollar index fell a further 0.4%. “Asian currencies have performed strongly. USD/JPY couldn’t regain the […]

 


 

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