US Dollar Forecast: Stimulus Delay, New Virus Strain, Brexit Threaten SGD and THB 2020-12-23 06:00:00 Daniel Dubrovsky, Strategist
US Dollar, Singapore Dollar, Indonesian Rupiah, Philippine Peso, Thai Baht, ASEAN – Talking Points
The US Dollar may find a bottom against ASEAN currencies on market volatility
Year-end external risks: US stimulus woes, coronavirus mutation, no-deal Brexit
APAC, ASEAN data: Bank of Thailand, Singapore industrial output, China PMI Advertisement
US Dollar ASEAN Weekly Recap
Last week, the haven-linked US Dollar mostly lost ground to currencies from the ASEAN region such as the Singapore Dollar, Malaysian Ringgit and Thai Baht. Meanwhile, the Philippine Peso was little changed while the Indonesian Rupiah cautiously weakened. This followed rate decisions from the Philippine and Indonesian central banks, where benchmark borrowing costs were left unchanged – as