Asia FX: Policy divergence shapes regional currencies – MUFG

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight an Asia‑centric week dominated by geopolitics, inflation and monetary policy.

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USD/INR: Interim trade deal caps near-term INR gains – MUFG

MUFG’s Michael Wan views the detailed US–India interim trade deal, including tariff cuts and exemptions, as positive for India’s external position. He sees scope for USD/INR to briefly break below…

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MUFG trade of the week: Short USD/JPY

“We are maintaining a short USD/JPY trade idea… we are not convinced that the move higher in US yields and USD/JPY will be sustained. We expect to see evidence emerge…

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