Tuesday, August 23, 2016

Recent market development, including the dissipation of political uncertainty, particularly in Thailan





FX Research
by Saktiandi Supaat


ASEANs: Still In The Sweet Spot?





Recent market development, including the dissipation of political uncertainty, particularly in Thailand and Philippines; healthy macro-fundamentals lifted by government and infrastructure spending; and regulatory changes to ease FX outflows, has provided ASEAN currencies with a leg up against the USD. Consequently, we have adjusted our forecast for the USDPHP, USDTHB and USDSGD, though the USDIDR and USDMYR are unchanged as they had been previously tweaked...



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