Asian currencies may have limited near-term upside against the U.S. dollar as the Federal Reserve maintains a hawkish stance, strategists at OCBC’s research unit said.
According to Jin10, the strategists said the constraint could be more pronounced for low-yielding currencies and those more sensitive to moves in U.S. Treasury markets, including the Thai baht and the South Korean won, and to some extent the Singapore dollar.
They added that falling oil prices remain an important offsetting factor, easing current-account and inflation pressures for oil-importing economies. The strategists cited the Indian rupee, the Philippine peso, and the Indonesian rupiah as currencies that could benefit from lower oil prices.
Asian Currencies’ Near-Term Gains Versus Dollar May Be Limited, OCBC Strategists Say
2026-06-18 02:09:25
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
国家级网络攻击者越来越多使用住宅代理网络隐藏流量
