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Published 2 months ago

Surprise dollar surge spells trouble for Asian currencies

Summary by Asia Times

The US dollar is emerging as a dominant force in 2024 currency markets, defying expectations of a decline after a period of relative strength. This unexpected dollar rally, which has seen the greenback surge by more than 2% since the beginning of the year, is putting new pressure on currencies across Asia. As analysts, myself […] The post Surprise dollar surge spells trouble for Asian currencies appeared first on Asia Times.

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Surprise dollar surge spells trouble for Asian currencies

The US dollar is emerging as a dominant force in 2024 currency markets, defying expectations of a decline after a period of relative strength. This unexpected dollar rally, which has seen the greenback surge by more than 2% since the beginning of the year, is putting new pressure on currencies across Asia. As analysts, myself […] The post Surprise dollar surge spells trouble for Asian currencies appeared first on Asia Times.

2 months ago·Hong Kong

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