This daily report provides an update on Emerging Markets currency performance ahead of the Federal Reserve meeting chaired by Warsh. It highlights positive sentiment stemming from the potential U.S.-Iran agreement and its impact on oil prices and regional FX.
Key Takeaways
- 1.EM FX sentiment is supported by the potential U.S.-Iran agreement and anticipated lower oil prices.
- 2.Market focus is centered on the first Federal Reserve meeting chaired by Warsh.
Table of Contents
- EM FX Daily Report
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Authors
Laoise Ni Thighearnaigh
Securities
USDRUBUSDZARUSD/TRY
Themes
U.S.-Iran AgreementFederal Reserve Policy
Regions
OtherRussiaSouth AfricaTurkey