FW: [Maybank] Asian Currencies Under-Pressure

 

 

GBL: Asian Currencies Under-Pressure Global Markets Daily by Saktiandi Supaat FX Research USD index rebounded strongly, helped by the ECB's dovish tapering that dragged the EUR lower, passage of the House's budget bill that paved the way for tax cuts by year-end, rumours that Yellen is out of the race for Fed Chair and for a potential hawk to replace her, and finally the surge in equities on strong tech company earnings reports. These helped to also send UST yields higher overnight with the 10Y yield climbing above the 2.46% levels... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@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.