The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Is the US dollar coming back up a bad sign for Asian stocks?

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Asian currencies have been feeling the pain as the US dollar continues its winning streak since mid-July, which is the greenback’s longest such run in nearly a decade. And this is on the back of the US Federal Reserve’s “higher for longer” interest rate policy and increasing Treasury yields. 

But what about Asian stocks? What effect does a stronger dollar have on Asian markets? 

On Money in the Market, Hongbin Jeong speaks to Paul Chew, Head of Research, Phillip Securities Research, to find out more.

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