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Asia currencies in 2014: Survival of the fittest

Posted on 10 January 2014

Weakness in Asian currencies this year amid an unwinding of U.S. monetary stimulus is likely to be broad and not just confined to countries with large-current account deficits, currency strategists say.
U.S. economic indicators over the past week suggest the world’s biggest economy is in better shape than financial markets had anticipated. That keeps the spotlight on the unwinding of the Federal Reserve’s massive stimulus program that starts this month……………………………..Full Article: Source


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