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currencies
Tong's Portfolio
A stronger currency should come from gains in relative competitiveness, not higher interest rate differentials
Don’t get us wrong. A stronger ringgit is good, as it means greater purchasing power for the people.
August 22, 2024
Japan
Why even a historic Bank of Japan rate hike has failed to save the yen
Despite the rate hike, there's no prospect to see positive real interest rates in the near term
April 04, 2024
Malaysia
Ringgit’s fall to 26-year low sparks Bank Negara's verbal reply
'The recent performance of the ringgit, similar to other regional currencies, has been influenced by external factors'
February 20, 2024
Currencies
BoJ's further loosening of grip on yields disappoints yen bulls
The yen quickly weakened beyond the 150 mark against the US dollar
October 31, 2023
Currencies
Amundi to abrdn see emerging-market currencies on cusp of rally
'For the most part, high-yield currencies will outperform'
May 14, 2023
Currencies
Singapore dollar is new short as Asian haven falls from favour
The bearish tilt for the Singapore dollar is a complete turnaround from last year
January 17, 2023
Currencies
The year's big yen short set for a dramatic u-turn in 2023
A stronger yen would potentially siphoning hundreds of billions in dollars of capital back to Japan
December 06, 2022
Currencies
Pound drops to record low as UK signals more tax cuts
The size of the pound’s intra-day decline on Monday was the biggest since March 2020
September 26, 2022
Tong's Portfolio
Is the falling value of the ringgit a cyclical or secular trend?
As we wrote earlier, a weaker domestic currency comes at a cost of its own.
August 18, 2022
Investing strategies
Will central banks continue to buy gold?
Purchasing is likely to continue through at least the end of 2022
July 27, 2022