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v DXY remains its upward momentum
boosted by the set of improving economic data
v Euro depreciate against USD on doubts
over Greece’s ability to repay its debts
v JPY weakens to a 13-year low, fuelling
the longest rally in local equity since 1988
v Weak JPY causes the depreciation of
KRW and TWD as the nations’ exports compete in international markets
v RM leads the loss among Asian ex-Japan
against the greenback following the sharp declined in local equity markets
and also the weaker crude oil prices
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Monday, June 1, 2015
Weekly FX Update, 1 June 2015
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