Swiss Economicblogs.org
Trade tensions could continue to have an impact, but we have a more constructive view on emerging-market currencies than at the start of the year.Despite recent moderation in the US dollar and in the 10-year US Treasury yield, emerging-market (EM) currencies remain under pressure, especially as a result of a recent escalation in trade tensions. Asian currencies have outperformed their emerging peers. The stability of the Chinese renminbi is likely serving as an anchor for Asian currencies,...
Read More »Scorecard still shows Brazilian real as most attractive EM currency
