Money in the Market: Will the SingDollar become a rare global winner as US Fed hikes continue?
Published Date: 20-09-2022
The US Fed interest rate hike is expected to be decided later this week- where most traders are pricing in a 75 basis point hike, while others are betting on a hike that’s bigger than that, as the Federal Reserve continues its aggressive monetary tightening path. Previously, we’ve seen the US dollar surging whenever the Fed announces such a jumbo sized hike. On Money in the Market, Peter Chia, Senior FX Strategist at UOB, joins us to tells us what it would mean for currencies in the region if the Fed goes for another big hike on Wednesday.
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