by Ryan Littlestone | August 13th, 2018, 20:26:03 | News, Sticky 2
Why central banks can’t stop the EM rot TRY is getting trounced because of the situation with the US, and further due to a lack of action from the Turkish central bank. ARS has been getting trounced for longer and today its central bank raised rates to 45%, to...
by Ryan Littlestone | May 15th, 2018, 11:53:23 | News
Further EM FX weakness is stepping up a gear and that’s the cold the others are catching USD vs TRY, ARS, MXN, ZAR to name a few are all on highs. That’s bring some nerves to the majors which is why we’re seeing moves into USD, CHF and JPY. USDARS is...