Loading…
StashAway's CIO outlines how the US dollar has come off its 2022 highs after nearly 20 percent gains and how currency moves are becoming more idiosyncratic. The note highlights the yuan's influence on Southeast Asian currencies such as the ringgit, baht and Singapore dollar.
Shifts in dollar strength and regional currency correlation affect the local cost of imported feed ingredients, though this is a general investment outlook rather than a new market event.
stashaway.myStephanie LeungAug 28, 2023After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
