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Biz Report: Yen hits 40-year low amid stronger USD, what's in store for other Asian currencies?
Published 3 days, 1 hour ago
Description
The global economy is facing a wave of shocks and shifting timelines across multiple asset classes. Heng Koon How, UOB's Head of Markets Strategy unpacks the historic 40 year low for the Japanese Yen alongside the US-Iran peace deal impacting oil prices. We also dive into the Federal Reserve keeping rates higher for longer, if that will put the brake son oil prices and when we can finally expect a recovery for Asian currencies.
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