Aussie hits a high

There is little doubt that FX markets continued to treat Asian investors with increasing respect in 2003. The interaction of substantial current account surpluses and strong private capital flows to the region generated significant upward pressure on Asian currencies. However, most authorities in the region have successfully kept their currencies artificially weak against the US dollar by intervention. And, as the US dollar’s decline has accelerated, fierce resistance to a weak US dollar has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: