Weaker CNY can drag Asian and commodity currencies weaker and keep the Dollar bid – ING

Weaker CNY can drag Asian and commodity currencies weaker and keep the Dollar bid – ING DollarIndex USDCNY Currencies Asia Banks

High US rates + poor overseas environment=strong Dollar

Unless Chinese authorities can surprise with some powerful stimulus measures, the weaker Chinese Renminbi can drag Asian and commodity currencies weaker and keep the Dollar bid.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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