EM ASIA slightly firmer

The dollar was further weighed by dismal U.S. housing data
pointing to sharply weaker economic growth in the first quarter.
That added to growing views that the prospect of a Federal
Reserve interest rate hike in June looked slim.
    Analysts said political uncertainty stemming from the first
round of the French presidential election this weekend and
tensions over North Korea also capped gains in Asian currencies.
    "While I suspect the worst of the geopolitical risk is
behind us, we are still ways away from closing the chapter on
Korean peninsula risk," Stephen Innes, senior trader at OANDA


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Stephen Innes

Stephen Innes

Head of Trading APAC at OANDA
Stephen has over 25 years of experience in the financial markets and currently based in Singapore as the Head of Trading Asia Pacific with OANDA. Stephen's market views focus on the movement of G-10 and ASEAN Currencies. His views appear in Bloomberg, CNBC.Reuters, New York Times WSJ and the Economist. His media appearances include Bloomberg TV & Radio, BBC International, Sky TV, Channel News Asia, ASTRO AWANI and BFM Malaysia. Stephen has an extensive trading experience in Spot and Forward FX, Currency and Interest Rate Futures, Money Market Derivatives and Precious Metals. Before joining OANDA, he worked with organisations like Nat West, Chemical Bank, Garvin Guy Butler, and Sumitomo Mitsui Banking Corporation. Stephen was born in Glasgow, Scotland, and holds a Degree in Economics from the University of Western Ontario.
Stephen Innes