• 11/27/2024

Most Asian Currencies Strengthen, Boosted by Fed Rate-Cut Hopes

Wall Street Journal

Most Asian currencies strengthened against the USD in the morning session, boosted by hopes for Fed rate cuts which would undermine the allure of U.S. fixed-income assets and demand for the greenback.

https://www.wsj.com/articles/most-asian-currencies-strengthen-boosted-by-fed-rate-cut-hopes-0569a542