• 11/27/2024

MYR Weakness May Not Be Catalyst for Interest-Rate Hike

Wall Street Journal

MYR is being weighed down by expectations of higher-for-longer Fed rates, the need for haven USD assets amid global uncertainty and persistent concerns on the potential spillover from China’s ailing real-estate market, UOB said.

https://www.wsj.com/articles/asian-currencies-consolidate-may-weaken-on-higher-treasury-yields-26187a93