Asia | Emerging Markets | FX | US
EM Strategy: Adding to Long USD
- By Mirza Baig
- 2 min read
The rise in US real yields is likely to weigh on Asian currencies. Question is, what’s the path of least resistance? We stick with long USDINR and add long USDTWD. The main risks are local intervention and potential soft patch in US.
The rise in US real yields is likely to weigh on Asian currencies. Question is, what’s the path of least resistance? We stick with long USDINR and add long USDTWD. The main risks are local intervention and potential soft patch in US.
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