This report provides a daily update on Emerging Market currency performance, noting that hawkish U.S. monetary policy is weighing on EM carry trades. The author maintains long positions in TRY and HUF while expecting PLN to underperform.
Key Takeaways
- 1.The firm maintains a long position on TRY and remains cautious on PLN relative to its peers.
- 2.Global risk sentiment is currently being pressured by U.S. equities and hawkish Fed signaling.
Table of Contents
- RUB
- ZAR
- TRY
- PLN
- HUF
- CZK
- RON
- ILS
- KZT
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Laoise Ni Thighearnaigh
Securities
USDZAR
Themes
EM Carry Trade DynamicsHawkish U.S. Monetary Policy Impact
Regions
OtherRussiaSouth AfricaTurkey