Credit Agricole's Cheung on FX Strategy

The transcript discusses trends in the currency market, focusing on the Chinese yuan (CNY) and its performance against the dollar. It highlights the intervention risks associated with the yen and CNY, emphasizing the role of volatility. The discussion also covers funding strategies, suggesting the Taiwanese dollar (TWD) as a potential funding currency. Additionally, the transcript explores emerging market currencies, particularly the Thai baht and Indonesian rupiah (IDR), noting their economic prospects and challenges.

What is the current outlook for the Thai Baht according to the discussion?

How does the speaker view the Indonesian Rupiah in the context of rising U.S. Treasury yields?

What challenges does the Philippine peso face according to the text?