Asian FX rebound could be short lived – Westpac

Jonathan Cavenagh of Westpac argues that that any bounce in Asian FX sentiment is likely to be short lived, as Asian currencies still look expensive relative to the DXY trend, hence any USD/Asia dips will likely be well supported.
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GBP/USD challenges 1.4800

The sterling is intensifying its slide vs. the greenback at the end of the week, with GBP/USD hovering over the 1.4800 key support...
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