Tuesday, October 31, 2017

FW: [Maybank] USD/Asians Mixed On US Developments

 

 

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GBL: USD/Asians Mixed On US Developments

Global Markets Daily
by Saktiandi Supaat

FX Research

USD/Asians are mixed this morning on overnight developments that weighed on both the USD index and Wall Street. Rumours that the corporate tax cuts would be phased in over a 5-year period (that would limit its overall impact), Jerome Powell as Trump's likely pick for the Fed Chair, and political uncertainty in the US over the first of possibly many indictments over Russian interference in the US presidential election that could be disruptive to Trump's legislative agenda were cause for pause ...

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