Asian currencies slump as the dollar strengthens

Catch Craig Erlam, Senior Market Analyst, from OANDA on Asian Midday Market Watch today at 1 pm Singapore time, where he will share insights on regional market performance as well as discuss key issues including:

• China left its benchmark lending rate unchanged for a third month in a row. Its one-year loan prime rate remains steady at 3.65%, and its five-year rate is also on hold at 4.3%.
• Most Asian currencies slumped, with the Yuan hit particularly hard as China logged a record jump in daily COVID cases
• The Dollar benefited from safe haven demands amid fears of a potential escalation in the Russia-Ukraine conflict
• Key risks that investors are concerned about now 
• Key markets events and data points to watch out for that could move markets 

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Presenter: Brian Fernandez