Buy USD Calls Against Asian Currencies, Says RBS

21 Aug 2008

Fx analysts at Royal Bank of Scotland are recommending investors buy U.S. dollar calls against the Singapore dollar, Myanmar ringgit and Chinese yuan over expectations falling oil prices will weaken the currencies against the U.S. unit.

--Daniel Flatt

Fx analysts at Royal Bank of Scotland are recommending investors buy U.S. dollar calls against the Singapore dollar, Myanmar ringgit and Chinese yuan over expectations falling oil prices will weaken the currencies against the U.S. unit.

The analysts said in an Aug. 19 report they believe oil price ...

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