Market news
12.01.2021, 11:53

Dollar and euro to depreciate against Asian currencies - Natixis

Dollar and euro to depreciate against Asian currencies - Natixis

FXStreet notes that the 15 Asia-Pacific countries that have signed the new RCEP free-trade agreement are set to enjoy significantly higher growth than the OECD or other emerging countries. Economists at Natixis expect significant international capital flows to these countries and therefore an appreciation of Asian exchange rates against OECD currencies. 

“Growth in Asia (the RCEP countries) will be strong. Over the period 2021-2030, potential growth can be expected to be 4% in Asia, 1% in the OECD and 2% for Latin America + Africa as a whole. This should attract to Asia (the RCEP countries) equity capital and also corporate capital.”

“If Asian countries (the 15 RCEP countries) are attractive for equity investors, companies and bond investors, then their currencies should be expected to appreciate strongly against the dollar and the euro. This is especially the case as these countries have an external surplus.”

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location