Opportunities from Asian tension

- By FX Markets Staff
- @FXMarkets_
- 06 Feb 2006

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Background

Tension is building among the Asian currencies. Most of them have appreciated significantly versus the US dollar in recent months, and several are back at high levels not seen since the Asian crisis in 1997–98. An improved economic outlook has sparked large foreign capital inflows into Asian stock markets, which has boosted the local currencies. This is particularly so given economic growth in China is stronger than expected – still running at 10% – which has helped to improve the

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