FXstreet.com (Barcelona) – The Research Team at Standard Chartered has now adjusted selective USD vs Asian currencies in their FX forecasts portfolio, “as tail-risks appear to have diminished” the note says. The banks adds: “We raise our short-term FX rating on the KRW to Overweight from Neutral. Investors should stay long PHP via 3M NDF versus a 50/50 basket of USD and EUR.”
FXstreet.com (Barcelona) – The Research Team at Standard Chartered has now adjusted selective USD vs Asian currencies in their FX forecasts portfolio, “as tail-risks appear to have diminished” the note says. The banks adds: “We raise our short-term FX rating on the KRW to Overweight from Neutral. Investors should stay long PHP via 3M NDF versus a 50/50 basket of USD and EUR.”
