FW: [Maybank] 2018, Issue 2: Familiar Uncertainties in a Normalizing World

 

 

2018, Issue 2: Familiar Uncertainties in a Normalizing World FX Monthly by Saktiandi Supaat FX Research We revised AUD lower against the USD this month as we anticipate slower wage growth recovery to weigh on inflation and the AUD. Market jitters and heightened volatility could see bears linger a while more. KRW was revised lower in light of intensification of US protectionism measures (imposing tariffs on imports of washing machines, solar panels and possibly on steel in Apr) that could impact Korean imports, worsen sentiment and impede KRW gains. Uncertainty on Fed's rate hike trajectory is ... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.