Free Trial

Correlations between EM Asian FX are..........>

FOREX
FOREX: Correlations between EM Asian FX are picking up as the yuan's impact on
regional currencies increases. 
- USDCNH's 50-day rolling correlation with USDKRW is now at 0.94, close to a
record high, and it's correlation with the Asian Dollar Index is up at 0.99.
- USDCNH's correlation with the AUD, however, is still down at 0.77, not
particularly high by historical standards, suggesting that markets do not see
the yuan's tumble as particularly concerning for the Australian economy. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.