Data Gold 19 September, HSBC Asian forex Research Director Joey Zhou said that Asian currencies will face downward risks in the coming months. HSBC Bank commented that considering the average decline of the US dollar against Asian currencies by 5% this quarter, the market seems to have already digested most of the time for the Fed's rate cut cycle in the next 12-18 months. HSBC stated that the potential risk of a significant increase in tariffs during the term of the Republican President may also increase pressure on Asian currencies.
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HSBC: Mata uang Asia akan menghadapi risiko penurunan dalam beberapa bulan mendatang
Data Gold 19 September, HSBC Asian forex Research Director Joey Zhou said that Asian currencies will face downward risks in the coming months. HSBC Bank commented that considering the average decline of the US dollar against Asian currencies by 5% this quarter, the market seems to have already digested most of the time for the Fed's rate cut cycle in the next 12-18 months. HSBC stated that the potential risk of a significant increase in tariffs during the term of the Republican President may also increase pressure on Asian currencies.