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Watching the divergence in APAC as Fed rhetoric hardens
It's interesting to see some of the Asian currencies, like $THB, holding relatively steady despite the increasingly hawkish Fed commentary and the strengthening dollar narrative. While some local equity plays, such as $BBL, are feeling the pressure today, it makes me wonder if the market is underestimating the region's resilience or if there's a delayed reaction coming. I'm keeping a close eye on the $THB 34.66 level for a clearer directional signal, considering potential short-term volatility but also possible opportunities if the divergence persists.
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