Yuan May Weaken Further in Next Few Months, StanChart's Devesh Says

The video discusses the recent weakness in the yen, driven by risk aversion in Asia and increased foreign investment by Japanese investors. Despite trade tensions, traditional safe havens like the yen and treasuries are not seeing significant demand, with the dollar being the preferred choice. The CNY is under pressure due to US-China trade tensions, with potential for further weakness. In Asia, the Taiwan dollar is highly exposed to trade tensions, while the Indonesian Rupiah remains under pressure despite rate hikes.

What is one of the main reasons for the recent weakness in the yen?

• Increased US equity performance

• Risk aversion in Asia

• Decrease in US yields

• Strengthening of the euro

Which currency is currently considered the primary safe haven amidst trade tensions?

• Dollar

• Yen

• Euro

• Pound

What is the market's current view on the potential outcome of trade discussions?

• Completely uncertain

• Highly pessimistic

• Relatively optimistic

• Indifferent

What technical pattern was observed in the yuan's recent performance?

• Head and Shoulders

• Golden Cross

• Death Cross

• Double Bottom

What is the expected impact on the yuan if trade tensions worsen?

• Strengthening of the yuan

• Stability of the yuan

• Weakening of the yuan

• No impact on the yuan

Which currency is most exposed to trade tensions due to its economic dependency?

• Japanese yen

• South Korean won

• Indian rupee

• Taiwan dollar

What is the outlook for the Indonesian Rupiah by the end of the year?

• It will become a safe haven

• It will remain under pressure

• It will strengthen significantly

• It will be unaffected by global trends