Flash: Despite Fed taper, USD/AXJ uptrend to stay - ANZ

FXstreet.com (Barcelona) - Despite Fed tapering has been partly priced in and activity in China is picking up, Khoon Goh,
Senior FX Strategist at ANZ, is still not looking for a reversal in USD/Asian currencies just yet.

Key Quotes

"Widening growth prospects between major advanced and emerging economies mean our “reversification” thematic still has some way to run."

"Investors have been good at differentiating currencies based on fundamentals, and we expect that to continue."

"Relative value trades within Asia which we see value in are long INR/IDR and long PHP/THB."