Asian Currencies Mixed but Could Strengthen on Fed Rate-Cut Hopes

Asian Currencies Mixed but Could Strengthen on Fed Rate-Cut Hopes

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0216 GMT — Asian currencies are mixed against the USD in the morning session but could strengthen on U.S. rate-cut hopes spurred by Fed officials’ comments overnight. Atlanta Fed president Raphael Bostic and Fed governor Michelle Bowman indicated that both were satisfied U.S. inflation is on a…

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