But a number of foreign exchange and macro hedge funds are trying small positions that use one Asian currency to fund another. It is a trade that might serve as a hedge against a dozen possible ...
Li Zhen, Head of Foreign Exchange and Digital Assets, Global Financial Markets at DBS Bank—global award winner for Best FX Services for Banks—discusses what is shaping the future of interbank FX.
HONG KONG/SINGAPORE, May 8 (Reuters) - A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S. dollar-denominated assets and demand ...
Asian currencies experienced a significant rally, reaching their highest levels in seven months. This surge was driven by diminishing concerns about a U.S. recession, expectations of Federal Reserve ...
Some of Asia’s strongest currency trends are starting to unravel in the final trading days of the year, with the South Korean won and the Thai baht leading the reversals. The embattled won, which was ...