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Wealth Tracker: Why did the US dollar surge after the rate cut?
The US dollar just staged a dramatic rebound after hitting a 3‑1/2‑year low, leaving investors scrambling to gauge the impact of the Fed’s rate-cut guidance. Analysts warn Asian currencies, especially the yen, could come under pressure, but how far can the dollar really go? Where is it headed next? On Wealth Tracker, Hongbin Jeong speaks to Sim Moh Siong, Currency Strategist, Bank of Singapore, to find out more.See omnystudio.com/listener for privacy information.
The skinny
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