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Why Asian currencies should celebrate Obama’s win

Posted on 09 November 2012

Asian currencies have had a good run so far this year against the U.S. dollar, and analysts expect further upside as President Barack Obama’s re-election signals an end to China bashing and raises hopes of further monetary easing.
Obama’s Republican challenger Mitt Romney had said he would label America’s second largest trading partner a currency manipulator on his first day in office and also indicated that the Federal Reserve Chairman Ben Bernanke may not get another term………………………………………..Full Article: Source

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This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


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