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  • Asian FX PCA – Weak global IP cycle supports RV - Updated Thu May 9, 2013

    PCA confirms that growth is the key driver of AXJ currencies, followed by carry and USD-CNY fixings • China’s IP cycle leads KRW, TWD, IDR and MYR; local IP cycle is important for INR and TWD • Recent drop in global and local IP cycles to weigh o...



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