Currency Forecasts

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... 2009-10-15

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

We expect the Sri Lankan rupee to remain at its new peg of LKR114.80/US$ as the Central Bank of Sri Lanka (CBSL) is taking advantage of the current upward pressures on the unit to... 2009-09-24

Asian FX are looking firmly bid on the back of an ailing US dollar, with the Korean won arguably the pick of the bunch. Our constructive KRW stance is justified by enduring risk appetite,... 2009-09-17

We see scope for the Taiwan dollar to break out of its sideways range, which has been shaped in no small measure by the Central Bank of the Republic of China (CBC)'s interventions.... 2009-09-10

We believe the Philippine peso could suffer in the short term as investors become wary about the sustainability of the economic upturn seen in many economies in Q209. As such the... 2009-08-20

Mirroring a trend seen across a range of risk-correlated assets in H109, the Australian dollar has strengthened considerably, rising from a low of US$0.6800/AUD in January to a peak... 2009-07-30

The ringgit looks set to remain within its current downward trend channel over the near term, with support existing in the MYR3.6100/US$ area and resistance coming in at around the... 2009-07-16

The rupee faces four-month trendline support at INR48.70/US$, a break of which could take it back towards INR50.00/US$. The stock market rally following general elections in April-May... 2009-06-26

The yuan will trade within the CNY6.8200-6.8450/US$ range, as the People's Bank of China (PBoC) ensures the unit remains steady in order to promote price stability and bolster the... 2009-06-18