The report provides a daily update on Emerging Market FX strategies, highlighting a cautious 'wait-and-see' approach ahead of the Federal Reserve meeting. Key tactical positions include maintaining longs in TRY and HUF.
Key Takeaways
- 1.Market sentiment is in consolidation mode pending the upcoming Fed meeting and potential impact of the US-Iran agreement.
- 2.Continued tactical preference for carry trades, including long TRY and HUF positions.
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Laoise Ni Thighearnaigh
Securities
USDZARUSD/TRY
Themes
Carry Trade Sustainability
Regions
GlobalRussiaSouth AfricaTurkey