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June 26, 2026

EM FX Daily Report

Daily UpdateFXOther

This daily update provides commentary on various Emerging Market currency pairs, noting general relief in EM FX following a US PCE print.

Key Takeaways

  • 1.The broad dollar consolidated following the PCE print, leading to better offers in USD/EM currencies.
  • 2.Turkey's FX policy framework remains intact for now, supported by seasonally better current-account dynamics.

Table of Contents

  • RUB
  • ZAR
  • TRY
  • PLN
  • HUF
  • CZK
  • RON
  • ILS
  • KZT

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Authors

Laoise Ni Thighearnaigh

Securities

USDRUB

Themes

Emerging Market FX flowsPCE data impactUS Dollar strength and volatility

Regions

OtherRussiaSouth AfricaTurkey