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The dollar has continued to fall today, dropping to its lowest in two months against the reviving Japanese yen and losing ground on other peers. And that's as investors believe the Federal Reserve will hike interest rates at a less aggressive pace. Plus, the impact of a potential visit to Taiwan by Nancy Pelosi is also driving safe-haven flows to the yen. On Money in the Market, Peter Chia, Senior FX Strategist at UOB tells us more about forex in the current market.
See omnystudio.com/listener for privacy information.
The dollar has continued to fall today, dropping to its lowest in two months against the reviving Japanese yen and losing ground on other peers. And that's as investors believe the Federal Reserve will hike interest rates at a less aggressive pace. Plus, the impact of a potential visit to Taiwan by Nancy Pelosi is also driving safe-haven flows to the yen. On Money in the Market, Peter Chia, Senior FX Strategist at UOB tells us more about forex in the current market.
See omnystudio.com/listener for privacy information.
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