Morning Bid: Powell has spoken: bullish or bearish?

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Morning Bid: Powell has spoken: bullish or bearish?
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A look at the day ahead in Asian markets from Jamie McGeever.

With the rupee within a whisker of October's record low, however, traders will be on RBI intervention alert.

Elsewhere in regional FX, the Aussie dollar has a spring in its step after the Australian central bank on Tuesday raised rates to a decade-high and signaled it may tighten policy more than markets had expected. The yen shot higher too on Tuesday, snapping a heavy two-day losing run after strong wage growth data. December's current account figures are next up on Wednesday.- India interest rate decisionBy Jamie McGeever; Editing by Lisa ShumakerJamie McGeever has been a financial journalist since 1998, reporting from Brazil, Spain, New York, London, and now back in the U.S. again. Focus on economics, central banks, policymakers, and global markets - especially FX and fixed income.

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