Chinese stocks have started off 2012 with a bang, and this strategist says that means good things for nearby currencies.
"We are seeing some encouraging signs of Chinese equities trying to base out after much of Q4, when they were getting hit rather hard," says MacNeil Curry, chief global rates and foreign exchange technical strategist at Bank of America Merrill Lynch .
That's nice for holders of Chinese stocks, of course, and Curry told CNBC's Simon Hobbs that it's also good for Asian currencies like the South Korean won and the Singapore dollar.