Currency Forecasts
South Korea
On a fundamental basis, the KRW has a lot going for it. However, we believe that the appreciatory bias suggested by South Korea's attractive fundamental picture will be tapered by...
2010-03-03Philippines
While the Philippine peso has held up relatively well in the face of widespread Asia FX weakness, we are maintaining a near-term depreciatory bias. Technically speaking, we expect...
2010-02-04Thailand
Although the bullish trend for the Thai baht is still intact, we are not convinced that the Bank of Thailand (BoT) will countenance major currency strength until the export recovery...
2010-01-20Singapore
Following nine months of appreciation against the US$, we now expect the Singapore dollar to remain range bound between SGD1.3780/US$ and SGD1.4063/US$ over the short term. Critical...
2009-12-09Taiwan
We maintain a positive bias on the Taiwanese dollar despite attempts by the local authorities to curb speculative activity. In our view, the unit remains fundamentally undervalued,...
2009-12-03Pakistan
The rupee should remain broadly stable now that Pakistan's official stock of foreign reserves has returned to pre-crisis levels. However, we are maintaining a slight depreciatory...
2009-11-05Indonesia
The Indonesian rupiah has been one of the best performing currencies in Asia, and we still see potential for further upside over the medium term. From a technical basis, the rupiah...
2009-10-15India
India will continue to be one of the leading lights in the Asian recovery story, pointing to serious upside potential for the Indian rupee over the coming 12 months. From our perspective,...
2009-10-01
