FW: [Maybank] Upside Risks To USD/Asians

 

 

GBL: Upside Risks To USD/Asians FX Asia Fortnightly by Saktiandi Supaat FX Research In the wake of increasing likelihood of US tax reforms and a possible hawkish tilt in the Fed when the new Chair and Vice-Chair are revealed, investors have driven UST yields and USD higher. In addition, the ECB dovish taper should continue to weigh on the EUR and continuing strong earnings reports in the US is expected to be supportive of the USD. Upside surprises from US data (US GDP, core PCE, ADP and NFP etc.) could add further upside pressure on the USD index ... 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.