OCBC strategists Sim Moh Siong and Christopher Wong have recalibrated their Asian FX forecasts slightly firmer against the US dollar, with more notable upgrades for the South Korean won and the Malaysian ringgit. The adjustments reflect a modest improvement in the outlook for these currencies relative to the dollar, though the overall tone remains cautious. The revised forecasts suggest that the won and ringgit are expected to perform better than previously anticipated, while other Asian currencies see only marginal changes. This recalibration comes amid ongoing global market dynamics and shifts in investor sentiment toward the region.
OCBC upgrades KRW forecast firmer against USD, implying USD/KRW weaker
OCBC upgrades MYR forecast firmer against USD, implying USD/MYR weaker
