Most Asian Currencies Weaken on Rising Bets for Fed Rate Hike
Wall Street Journal
Most Asian currencies weakened against USD in the morning session amid rising bets for a 25bp rate increase at the FOMC’s May meeting, which could boost the appeal of U.S. fixed-income assets and thereby the greenback.
https://www.wsj.com/articles/most-asian-currencies-weaken-on-rising-bets-for-fed-rate-hike-eef3cbe4