Asian currencies

US dollar weakness from the Fed’s dovish stance is bolstering Asian currencies; better growth prospects in Asia provide tailwinds.

DBS said in a note on Tuesday that the Singapore dollar is likely to consolidate in the near term.

Malaysia’s ringgit led the charge in emerging Asia on Monday, followed by the long-beleaguered Chinese yuan.

There are good grounds for confidence in an eventual rebound in Asia

Unrealistic as it was technically, the idea of a pan-Asian currency always had some political support, says Bloomberg's Mukherjee.

Singapore’s comparative success in dealing with Covid-19 may soon set the local dollar apart from its neighbors.

Spindex was highlighted as one of The Edge Singapore’s stocks to watch in Issue 970 for its attractive valuations.

The Dow slipped sub-30,000. Down 0.6% on Wednesday; the S&P 500 fell 0.2% as well despite a 0.5% rise in the NASDAQ.

SINGAPORE (July 4): Asia’s economic growth is expected to continue to weaken against a backdrop of unresolved trade tensions, according to asset manager State Street Global Advisors (SSGA), the investment management arm of State Street Corporation.

(Jan 2): Asian currencies firmed on Tuesday, marking a strong start for the new year as sentiment was boosted by gains in the euro, while a weaker US dollar prompted further interest in Asia.