Asian corporates bullish on euro and sterling
Research by East & Partners shows a bullish case for EUR/USD and GBP/USD from business across Hong Kong, Singapore, Malaysia and the Philippines
Asian businesses expect the euro and sterling to continue their upward trends against the US dollar into 2018, driven by positive news on the state of the eurozone economy and a sustained dollar weakness, research from East & Partners shows.
According to the latest Asia Business Foreign Exchange Program, Asian enterprises expect EUR/USD and GBP/USD to trade at 1.3260 and 1.4430, respectively, through to mid-2018. The research is derived from interviews with 1,571 importers and exporters based
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