Asian FX & rates could be especially sensitive to the US election result

  • Korean won, Thai baht and Chinese yuan eyed

Barclays are forecasting a higher US dollar if Trump wins the US election

  • say that the currencies likely to weaken the most against a stronger uSD are Asian
  • Barclays highlight the Korean won, Thai baht & China's yuan
  • Barclays cite tariffs, heightened tension with China
USDKRW weekly candles 01 November 2024 2

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