reader Posted April 24 Share Posted April 24 From CNBC Bank of America is bearish on a slew of Asian currencies and neutral at best on others, as the investment bank says it is the start of a “chaotic era.” “We are not bullish on any currency in Asia,” Bank of America said in a recent report, with many currencies impacted by a delayed Federal Reserve easing cycle and sustained strength in the U.S. dollar The investment bank singled out the Chinese yuan, South Korean won, Taiwan dollar, Thai baht and Vietnamese dong under its bearish category. Among their “neutral” list of currencies are the Hong Kong dollar, the Indonesian rupiah, the India rupee, the Malaysian ringgit, the Philippine peso and the Singapore dollar. Continues at https://www.cnbc.com/2024/04/24/bank-of-america-not-bullish-on-asian-currencies-cites-chaotic-era.html vinapu and floridarob 1 1 Quote Link to comment Share on other sites More sharing options...
floridarob Posted April 24 Share Posted April 24 1 hour ago, reader said: sustained strength in the U.S. dollar Just watched this....makes me question everything now, lol Watch it until the und, then explain it to me.... Quote Link to comment Share on other sites More sharing options...
