asian currencies

Articles related to asian currencies

US-China Tariffs and CNY Stability: Navigating USD/Asia Risks

The US has added 10% tariffs on China twice this year, and, contrary to expectations that tariffs should result in a weaker CNY, spot USD/CNY has drifted lower from 7.33 pre-inauguration to around 7.25 currently. We attribute this to a few factors. The broad USD itself has weakened, Chinese asset markets outlook has improved, and most importantly the CNY fix (which is a policy signal tool) has been stable at around 7.17, thereby restraining the movement in spot USD/CNY. 

ECONOMY

Goldman Sachs

EM FX: Positive Growth Impulse in Europe Counters Tariff Hit to Asia

Positive growth impulse in Europe counters tariff hit to Asia The pick-up in risk aversion at the start of this week amongst market participants has triggered a correction lower for emerging market currencies. The CLP (-1.7% vs. USD), COP (-1.2%), BRL (-1.1%), IDR (-0.9%) and THB (-0.7%) have weakened the most since the end of last week while the Central European currencies of the CZK (+0.3% vs. USD) and HUF (+0.1%) have continued to outperform. 

FOREX

Lee Hardman

Asia Morning Bites: Currency Retreat Amid Lower US Yields and Global Market Insights - November 8, 2023

FOREX

ING Economics

Asia Morning Bites: Singapore Inflation and Global Market Insights - 25 September 2023

FOREX

ING Economics

Asia Markets React to US Labor Report and Chinese Property Support Measures

FOREX

ING Economics

EUR/USD Upside Potential and Currency Trends in 2024

FOREX

ING Economics

Examining FX Market Structure and the Role of USD in Trade and Capital Flows

FOREX

ING Economics

De-dollarisation on the Asset Side: Central Bank Reserves and Global Dynamics

FOREX

ING Economics

Global Invoicing and FX Structure: Dollar Dominance and Emerging Trends

FOREX

ING Economics

Asia Morning Bites: China PMI in Focus, Global Markets Positive, and Key Economic Indicators Ahead

FOREX

ING Economics

Global Markets React to Disinflationary Pressure as USD Weakens and Stocks Rally

FOREX

ING Economics

Asia Morning Bites: Japanese Inflation Rises, Anticipation of BOJ Policy Adjustment

FOREX

ING Economics

Market Disappointment Despite Blinken-Xi Handshake: China's Loan Rates and RBA Minutes Awaited

ECONOMY

ING Economics

Asia: Korean Industrial Production May Catch You By Surprise! What's The Expected GDP For The Third Quarter Of 2022?

FOREX

ING Economics