美元走弱对亚洲股市整体利好A weaker USD is mostly good for Asian equities

23 October 2025 | 6:42AM SGT Portfolio Strategy Research ASIA-PACIFIC PORTFOLIO STRATEGY A weaker USD is mostly good for Asian equities Currency moves matter for Asian equities, directly contributing an average 16% of the MXAPJ index USD price return over the past 20 years as well as through fundamental and portfolio flow channels. Asian currency appreciation vs. the dollar tends to be good for Asian equity markets, albeit with wide intraregional variation. As we look into 2026, the prospect of further doll ...