MUFG: Resilient Asia macro supports FX despite mixed backdrop
MUFG’s Michael Wan highlights a mixed global backdrop for Asian currencies, with US Treasuries rallying and the US Dollar somewhat weaker, while tech stocks decline. He notes resilient Asia macro data, including strong Taiwan exports and South Korea’s current account.
Original · FXStreet AI summary of public reporting
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Prices since publication
At publication → CurrentJPY158.24 → 158.25+0.0%
EUR1.119 → 1.12+0.1%