Asian Regional Currencies Strengthen, Is China Following Or Leading The Trend?

China’s currency is no doubt influenced by its central bank’s intervention, but recently, as the potential for a 2015 rate hike moves off the table, so too has the possibility of a continuing rising dollar – and this could also be having an impact on the Chinese currency, a CSLA Greed and Fear analysis from Christopher Wood recently observed. In fact, China might not be the one leading the region in terms of currency strength, but a new trend might actually be visible when looking through the lens of account capital flows out of the region and smaller regional currencies. Smaller…