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FX Research
by Saktiandi
Supaat
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Fed Fischer (FOMC Voter) reignited USD bulls when he
opined that the economy is close to the Fed’s goals and a 2016 rate hike
is “still under consideration”. His hawkish words echoed that of Fed Vice
Chair Dudley who sees a potential for a rate hike in Sep. Another hawk in
another part of the world was in the limelight as well. Urjit Patel has
just been named to succeed outgoing RBI Governor Raghuram Rajan. PM
Modi’s choice is seen credible and likely to come as a relief to
investors...
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Saktiandi Supaat
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Leslie Tang
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