• 11/26/2024

Asian Currencies Consolidate; May Weaken on Rising Treasury Yields

Wall Street Journal

Asian currencies consolidated against USD in the morning session but may weaken on rising Treasury yields, which increase the allure of U.S. fixed-income assets and demand for the greenback.

https://www.wsj.com/articles/asian-currencies-consolidate-may-weaken-on-rising-treasury-yields-292c0bae