EM FX snapshot - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at Brown Brothers Harriman explained that while EM FX has gotten some traction recently, we believe that the medium-term bear market remains intact.

    Key Quotes:

    "The dollar’s appreciation against the majors had stalled recently as Fed lift-off expectations were pushed back by the markets, but the pendulum now seems to be swinging the other way."

    "We favor the currencies of Asia and, to a lesser extent, EMEA, while Latin America should continue to underperform."

    "Our next EM FX model quarterly update for Q1 2016 will come out at the beginning of January."
    For more information, read our latest forex news.

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