Asian Currencies to Beat Dollar, Mann Says
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Asian currencies are the best bets against the dollar as currency markets anticipate quantitative easing from the Federal Reserve, said David Mann, head of research, Americas at Standard Chartered Plc.
“I think there are better bets out there rather than purely going with long the euro against the dollar, such as the Korean won, Indonesian rupiah and the Indian rupee,” New York- based Mann said in a Bloomberg Television interview today with Julie Hyman and Mark Crumpton.