• 11/13/2024

Asian Currencies Consolidate; Higher-for-Longer U.S. Rates Worries May Weigh

Wall Street Journal

Asian currencies consolidated against USD in the morning Asian session, but may be weighed by concern over higher-for-longer U.S. rates that could support the appeal of American fixed-income assets and demand for the greenback.

https://www.wsj.com/articles/asian-currencies-consolidate-higher-for-longer-u-s-rates-worries-may-weigh-58a863c0