Monday, October 10, 2016

The US NFP print for Sep disappointed, providing some near term relief for the Asians. This relief rally could b





FX Research
by Saktiandi Supaat


Asian Currencies Remain Under Pressure





The US NFP print for Sep disappointed, providing some near term relief for the Asians. This relief rally could be short-lived as the focus in the next two week remains US-centric with the second US Presidential debate on 11 Oct (9am SGT) in sight as well as a total of nine Fed speakers including Fed Chair Yellen on 14 Oct. The uncertainty emanating from the US could dampen risk appetite, lift the dollar and put Asian FXs under pressure as a result. But it may not be all bad news especially ...



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