FX VOICE: US Fed tapering is coming for you

The US Federal Reserve is expected to begin tapering its asset purchases imminently. FX strategists are arguing it will benefit the US dollar to the detriment of Asia's major currencies. CT asks the experts if this is the case.

By Daniel Flatt

Sep 9, 2013

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David Simmonds, head of currency and emerging markets strategy, RBS (pictured):
The importance of US Federal Reserve (Fed) tapering, if manifest, is that it marks the end of the Fed's 'easier-for-ever' approach to monetary policy. While the September 'event' itself may be quite well-anticipated, it is the marginal change that is important.

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