Surge in Asia Dollar Gauge Reveals Deep Divide in Regional Currency Markets

While a broad measure of Asian currencies against the dollar hits multi-month highs, underlying data shows a stark split between resilient tech-exporter economies and struggling peers.

2 Sept, 23:00 — 2 Sept, 23:00

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bloombergHigh1d ago

Asia Dollar Gauge’s Surge Masks Two-Tier Currency Market

Asia’s currency gauge has been on a two-month tear, with one measure of its relationship to the dollar close to a record low. But its strength belies a two-tier divide, with currencies of technology-heavy exporters roaring ahead and set to further outperform peers less cushioned against high oil prices.

By Marcus Wong

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Surge in Asia Dollar Gauge Reveals Deep Divide in Regional Currency Markets

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Asia Dollar Gauge’s Surge Masks Two-Tier Currency Market

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