Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar0

• Market
• December 12, 2022

Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last week, amid growing concerns over a potential recession in 2023, which