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

Money in the Market: Should you sell the USD against Asian currencies on rallies?

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While the dollar has eased after Jerome Powell’s latest speech failed to offer fresh signs of a hawkish pushback against a resilient labour market in the United States, the dollar had seen a rally prior following Friday's blockbuster jobs report- which sent the U.S. dollar index to a one-month high. But was this a short-lived rally? Or is it signally more gains for the dollar are to come? On Money in the Market, The Afternoon Update’s Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova to find out more. 

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

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