Asian currencies generally weakened on July 9, 2026, driven by higher US yields and rebounding oil prices. Geopolitical tensions in the Middle East further added to market instability.
Key Takeaways
- 1.Asian currencies remain under pressure due to rising US yields and higher oil prices.
- 2.The Thai baht is identified as particularly vulnerable due to its low carry profile.
- 3.Geopolitical tensions in the Middle East have escalated following renewed strikes in the Gulf region.
Table of Contents
- Market Highlights
- Ahead Today
- INDICATIVE RATES 8-Jul-2026
- FOREIGN EXCHANGE
- OTHER INDICATORS
- Disclaimer
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Authors
Lloyd Chan
Securities
CO1
Themes
Central Bank PolicyGeopolitical RiskInflationary Pressure
Regions
Asia PacificMiddle EastUnited StatesMalaysiaThailand