Some analysts say the US dollar will stay stronger for longer. Does that mean this will put more pressure on Asian currencies?
Already, investors have ramped up short bets on Asian currencies on growing concerns that US President-elect Donald Trump’s economic policies will erode the appeal of risk-sensitive emerging market assets.
So how can forex traders mitigate the risks of a stronger greenback? On Wealth Tracker, Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.