The US dollar remains firm as resilient economic growth and persistent inflation reinforce a 'high-for-longer' Fed rates outlook. Asian currencies remain under pressure due to unfavorable rate differentials, though specific policy support measures may provide temporary stability for regional currencies like the ringgit.
Key Takeaways
- 1.US macroeconomic data shows resilient growth and sticky inflation, supporting a 'high-for-longer' interest rate environment and a firm USD.
- 2.USDJPY remains a primary focus due to its proximity to 2024 highs, raising concerns regarding potential policy intervention.
- 3.The Malaysian ringgit (MYR) strengthened following government measures to encourage repatriation and conversion of offshore earnings.
Table of Contents
- Market Highlights
- Ahead Today
- INDICATIVE RATES 25-Jun-2026
- FOREIGN EXCHANGE
- OTHER INDICATORS
- Disclaimer
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Authors
Lloyd Chan
Securities
USDJPYUSDMYR
Themes
Central bank policy interventionHigh-for-longer US interest rates
Regions
Asia PacificUnited StatesJapanMalaysia