# Many Asian currencies weaken as investors dig in ahead of central banks meetings - BusinessWorld Online

> Most Asian currencies weakened on July 30, 2018 ahead of a busy week of central bank meetings, including the Bank of Japan, Federal Reserve and Bank of England. The yuan led regional losses, falling 0.4 percent, amid concerns about the trade war's impact on China's economy.

- Date: 2018-07-30 · published 2018-07-30T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/64264-many-asian-currencies-weaken-as-investors-dig-in-ahead-of-central-banks
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Regional currency weakness and trade war worries are routine market context with no new supply or demand shock for feed commodities.

## Read by commodity

- USDCNY: bullish ▲
- USDMYR: bullish ▲

## Sources

- bworldonline.com: https://bworldonline.com/top-stories/2018/07/31/177025/many-asian-currencies-weaken-as-investors-dig-in-ahead-of-central-banks-meetings/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.