1. Hello Guest Click here to check FX Binary Point Financial Directory

EM's on an uncertain footing - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at Brown Brothers Harriman noted that the EM started the week on an uncertain footing.

    Key Quotes:

    "Commodity prices were off sharply until comments by Saudi Arabia lifted them, reversing the trend in commodity-sensitive assets. The dollar is also back on the rise, pressuring EM FX even as a December FED hike is now just about fully priced in.

    In South America, the victory of the market-friendly candidate in Argentina and better political winds in Brazil have also given the region some hope for the near term, which could help sentiment more broadly."
    For more information, read our latest forex news.

Share This Page