The US Dollar remains fragile, after having registered losses against its major rivals earlier this week. Although markets are pricing in a nearly 60% probability of the US Federal Reserve raising its policy rate by 25 basis points in May, the currency is having a hard time finding demand. 

So why are more investors deterring away from the US dollar? And which currencies are enjoying a weakening dollar? 

On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova to find out more.

The US Dollar remains fragile, after having registered losses against its major rivals earlier this week. Although markets are pricing in a nearly 60% probability of the US Federal Reserve raising its policy rate by 25 basis points in May, the currency is having a hard time finding demand. 
So why are more investors deterring away from the US dollar? And which currencies are enjoying a weakening dollar? 
On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova to find out more.

Fill your workday afternoon with keen conversations that will inspire and inform with a slew of programs from Eco Money & Money in the Market to What’s Trending. 

Get your daily review of market movements in Market View and Money in the Market that explores important investment news that might affect movements for the rest of the day.

Fill your workday afternoon with keen conversations that will inspire and inform with a slew of programs from Eco Money &amp; Money in the Market to What’s Trending. Get your daily review of market movements in Market View and Money in the Market that explores important investment news that might affect movements for the rest of the day.

Advertisement