CNA938 Rewind - FX markets in flux: USD weakness and regional currency moves
With the US dollar on a broad slide and President Donald Trump’s comments downplaying its decline – and the Fed opting to hold rates – what’s driving currency moves? Here in Southeast Asia, the Singapore dollar (SGD) and Malaysian ringgit (MYR) are strengthening, while the Indonesian rupiah (IDR) and Japanese yen (JPY) continue to struggle. What do all these currency moves mean for traders and consumers alike? Hairianto Diman and Susan Ng speak with Philip Wee, FX Strategist, DBS, to find out.