Fed's Waller inches open the US rate cut door
We revisited and reassessed our currency forecasts for Asia, in light of a base case scenario of a Clinton victory as well as the lesser probability scenario of a Trump victory.
October proved to be action-packed for a short working month. The USD index rose over 3.4% thus far in October, showing visible signs of a pick-up in momentum. We believe that the US elections related factors driving the USD’s will stay thematic in coming weeks, and barring a crash in Fed hike expectations for December, until the end of the year.
In this issue
For full analysis, download report: Essential Asia: Awaiting emerging patterns (PDF, 3MB)
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