Bloomberg Asian currencies are set for their steepest monthly advance in more than six years, with the approaching end of the Federal Reserve’s tightening cycle supporting gains. The Bloomberg JPMorgan Asia Dollar Index has rallied 2.7% in November. South Korea’s won is the best performer after logging a 7% rise, followed by the Thai baht which climbed 6.8%. “While ...

  Bloomberg November looks set to mark a watershed moment for Chinese assets, as visible policy shifts away from Covid Zero triggered massive gains. After being pressured under the weight of virus restrictions and a property crisis, markets surged amid hopes of an eventual reopening. Chinese stocks in Hong Kong are headed for their best month since 2003, while the ...

  Bloomberg Taiwan dollar’s biggest rally in almost a quarter of a century is set to unwind as a looming global recession cuts into island’s technology exports. The currency, which has risen more than 4% this month to 30.90 per US dollar, will probably weaken to about 33 by the end of the first quarter, Mizuho Bank Ltd. and RBC ...