Ringgit, Won Poised to Decline Amid Trump Trade Risk Concerns
Source: BFW (Bloomberg First Word)
Topics
U.S. Pres., Congress Elections
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UUID: 7947283
(Bloomberg) -- Asian emerging currencies are set to decline when trading starts in their markets on Wednesday, after developing-market stocks fell the most in five months and Mexico’s peso touched a record low as Donald Trump’s presidential election victory stoked anxiety that the U.S. will adopt protectionist policies.
Alert: HALISTER1- USD/KRW 1-month NDF at 1,157.90 per dollar as of 7:33 a.m. in Tokyo on Thursday, or 0.7% lower than the spot currency’s close on Wednesday in Seoul.
- USD/MYR 1-month NDF at 4.2625 per dollar in the most recent data, 0.8% weaker than the closing spot price
- Full story here
Source: BFW (Bloomberg First Word)
Topics
U.S. Pres., Congress Elections
To de-activate this alert, click here
UUID: 7947283