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
