Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

EM currencies on aggregate have been tracking the US dollar closely but there has been a fair amount of differentiation within EM. With many central banks in EM embarking on monetary tightening cycles, we investigate whether that has been a factor explaining the different currency performances. We also identify the currencies that are cheap and expensive based on this analysis.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

EM currencies on aggregate have been tracking the US dollar closely but there has been a fair amount of differentiation within EM. With many central banks in EM embarking on monetary tightening cycles, we investigate whether that has been a factor explaining the different currency performances. We also identify the currencies that are cheap and expensive based on this analysis.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

FX Dashboard: Is Monetary Policy Driving FX Returns?

We examine the EM FX space for opportunities in the aftermath of the hawkish FOMC meeting last week which led to a sharp rise in the US dollar. Two currencies that have underperformed and stand out as buying opportunities are the Chilean peso (CLP) and the Romanian leu (RON).Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

We examine the EM FX space for opportunities in the aftermath of the hawkish FOMC meeting last week which led to a sharp rise in the US dollar. Two currencies that have underperformed and stand out as buying opportunities are the Chilean peso (CLP) and the Romanian leu (RON).Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

FX Dashboard: Did the Dollar Spike Create Opportunities in EM FX?

In this note, we identify the currencies that have outperformed and underperformed as EM currencies have overall appreciated with the dollar depreciating since the end of March. We also place our outstanding trade recommendations in the context of the relative performances of EM currencies.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

In this note, we identify the currencies that have outperformed and underperformed as EM currencies have overall appreciated with the dollar depreciating since the end of March. We also place our outstanding trade recommendations in the context of the relative performances of EM currencies.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

FX Dashboard: Updating the Winners and Losers in the EM Turnaround

The US dollar has weakened since the end of March, leaving it flat from the start of the year. If the dollar moves sideways for the time being, as we expect, then it should lead to a carry trade environment. We identify the best EM currencies for such an environment.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

The US dollar has weakened since the end of March, leaving it flat from the start of the year. If the dollar moves sideways for the time being, as we expect, then it should lead to a carry trade environment. We identify the best EM currencies for such an environment.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

FX Dashboard: Which Currencies to Target in a Carry Trade Environment?

In this note, we go over the currencies that have outperformed and underperformed in the recent bout of the rally for EM currencies along with the reasoning behind their performances and their outlooks.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

In this note, we go over the currencies that have outperformed and underperformed in the recent bout of the rally for EM currencies along with the reasoning behind their performances and their outlooks.Separately, the attached file is a snapshot of the EM currency market in which we seek to identify the leaders and laggards among currencies by comparing the performance of each to its history as well as to other currencies based on their respective betas to an EM currency index.

FX Dashboard: Winners and Losers in the EM Turnaround

Poland

The Polish Zloty dollar is the official currency of Poland

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

PLN (USDPLN CURNCY)

FX Dashboard: Is Monetary Policy Driving FX Returns?

With many EM central banks embarking on monetary tightening cycles, we investigate whether that has been a factor explaining the currency...

Gautam Jain, PhD, CFA

FX Dashboard: Did the Dollar Spike Create Opportunities in EM FX?

We examine the EM FX space for opportunities in the aftermath of the hawkish FOMC meeting last week which led to a sharp rise in the US dollar.

Gautam Jain, PhD, CFA

FX Dashboard: Updating the Winners and Losers in the EM Turnaround

We identify the currencies that have outperformed and underperformed with the dollar depreciating since the end of March and place our outstanding...

Gautam Jain, PhD, CFA

FX Dashboard: Which Currencies to Target in a Carry Trade Environment?

If the dollar moves sideways for the time being, as we expect, then it should lead to a carry trade environment. We identify the best EM currencies...

Gautam Jain, PhD, CFA

FX Dashboard: Winners and Losers in the EM Turnaround

We go over the currencies that have outperformed and underperformed in the recent bout of the rally for EM currencies along with the reasoning...

Gautam Jain, PhD, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)