Emerging Market currencies show there is more to the rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The emerging market currencies from Latin America to Asia have had a wild start to the year but the future prospects are starting to look a bit promising. On a year to date basis, the Wisdom Tree CEW emerging currency ETF has as a return of -0.65% and -7.49% on a 3 year average return. However, it seems like that is about to change as both technical and fundamentals are starting to hint at the emerging market currencies likely to push higher ahead of a short term pullback, making it an

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