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U.S. Dollar Takes Center Stage

Por: Forbes Business October 19, 2022

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Key News Asian equities were mixed overnight on light volumes despite a strong U.S. equity performance yesterday with Hong Kong, China, South Korea, and Taiwan underperforming. Macro took center stage as the U.S. dollar was strong overnight, with the Asia dollar index hitting another 52-week low as China’s onshore renminbi (CNY) declined $0.02/-0.37% to 7.22. This morning, China’s offshore renminbi (CNH), which trades overnight unlike CNY,... + full article



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