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@ Asian Currencies

News 17 November 2016
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HSBC Turns Bearish On Asian Currencies. We Are Short CNH, INR, SGD And IDR

HSBC Turns Bearish On Asian Currencies. We Are Short CNH, INR, SGD And IDR

HSBC now sees the Chinese Yuan falling to 7.20 per dollar by the end of 2017, versus 6.90 previously. A stronger Dollar has caused HSBC to lower its forecasts for other Asian currencies as well   HSBC: “The uncertainty for Asian currencies has risen after the US presidential election. Our working assumption is that the […]

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