Asia FX: Tech-linked FX could outperform against US Dollar - MUFG - www.tmgm.com
From the original
Asia FX: Tech-linked FX could outperform against US Dollar - MUFG www.tmgm.com
Related speeches
4 itemsASEAN FX: Regional data and growth concerns – MUFG - tmgm.com
US Dollar: Fed uncertainty tempers USD strength – MUFG - TMGM trading
Asia FX 2025 Outlook Podcast Series #1: Navigating Asia FX markets in Trump 2.0
The desk anticipates significant volatility in Asia FX markets leading up to 2025, driven by the potential reintroduction of Trump-era trade policies and tariffs, which could adversely affect Chinese and broader Asian economies. Per the full note from MUFG EMEA, Lin Li emphasizes that these developments, alongside the Fed's easing cycle and fluctuations in the semiconductor sector, will shape the trajectory of Asia FX. The consensus among major firms suggests a target of 1.075 for USD/CNY, with a range reflecting differing outlooks on trade dynamics and monetary policy. With no immediate high-impact events on the calendar, traders should prepare for shifts based on geopolitical developments and economic data releases.
More like this
5 itemsBrent: Crude eases from spike on Iran comments – Danske Bank - www.tmgm.com
Forex Today: US Dollar retreats alongside bond yields as mood improves - www.tmgm.com
Equities: AI concerns pressure stocks as futures rise – Deutsche Bank - FXStreet
Germany: Gradual recovery with energy risks – Deutsche Bank - www.tmgm.com