Greenback offers better carry and safe-haven appeal: ANZ Says
Demands further gains mount even while rally looks stretched
A protracted rally of the dollar has emerged because the central bet after Federal Reserves latest policy tightening and hawkish outlook, even while the united states currencys strength looks stretched on some technical indicators, market participants say.
Beyond the greenback, the focus is on the potential resilience in Asian equities and companies with quality cash flows. Chinese stocks can also be in favor as tamed local inflation offers room for authorities to intensify monetary easing and fiscal stimulus to prop up a slowing economy.