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Asian FX pressured by higher US yields and oil prices

Higher US Treasury yields, a firm US Dollar and elevated oil prices are weighing on Asian currencies, with the Indian Rupee, Indonesian Rupiah and Thai Baht seen as particularly vulnerable.

Original · FXStreet AI summary of public reporting

Why: Higher US yields support USD → pressure on JPY

JPY

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Prices since publication

At publication → Current
JPY157.84 → 157.80−0.0%
EUR1.122 → 1.122−0.0%
Asian FX pressured by higher US yields and oil prices | SignalHub