Asian FX: Oil risk threatens recovery momentum – OCBC OCBC strategists Sim Moh Siong and Christopher Wong note most Asian FX have firmed, led by MYR, THB and TWD, helped by Iran’s proposal on Hormuz.
Asian FX: Oil risk threatens recovery momentum – OCBC OCBC strategists Sim Moh Siong and Christopher Wong note most Asian FX have firmed, led by MYR, THB and TWD, helped by Iran’s proposal on Hormuz. However, elevated Oil prices and constrained energy passthrough pose risks to demand and could restrain high‑beta, Oil‑sensitive Asian…
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