Commodity Sell-Off Adds Pressure On EM Currencies

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Since mid-January, Brazilian assets found favour in the eyes of investors on the prospect of potential improvements of the political side and a commodity rally. Since mid-January, the Brazilian real rose as much as 14% against the US dollar, while the Ibovespa surged the most among the EM-complex, up 33%.[​IMG]

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