The US dollar has recently pulled back from a nearly three-month high against major currencies hit at the beginning of the week. The greenback was rallying as much as 1.4 per cent against the euro after unexpectedly strong US jobs data, as well as diminished bets for an early interest rate cut. But while hopes of a March rate cut have been ruled out, is the market still showing some reluctance to go all in on the long US dollar trade, given the high conviction around rate cuts later in the year? To find out more, I’ll be speaking to Peter Chia, Senior FX Strategist, UOB, to find out more about the path of the US dollar as well as of other Asian currencies.

The US dollar has recently pulled back from a nearly three-month high against major currencies hit at the beginning of the week. The greenback was rallying as much as 1.4 per cent against the euro after unexpectedly strong US jobs data, as well as diminished bets for an early interest rate cut. But while hopes of a March rate cut have been ruled out, is the market still showing some reluctance to go all in on the long US dollar trade, given the high conviction around rate cuts later in the year? To find out more, I’ll be speaking to Peter Chia, Senior FX Strategist, UOB, to find out more about the path of the US dollar as well as of other Asian currencies.

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We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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