FX Dashboard: Turkey's Assets Descend into Familiar Turmoil
In this note, we discuss the most recent episode of turmoil in Turkey's markets and our near-term trading strategy for its assets.
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FX Dashboard: Lira Re-Engages with EM
In the near-term, we see room for the Turkish lira to appreciate as it catches up with its EM peers following the aggressive rate hike by the...
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FX Dashboard: As Goes the Dollar, so Goes EM FX
We show that the dollar remains the primary driver of EM FX despite the idiosyncratic moves in Turkey and Brazil today on the back of rate hikes.
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FX Dashboard: Is Carry Compensating for Volatility?
In this note, we discuss the relationship between a currency's carry with its volatility, and use it to identify dislocations.
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FX Dashboard: Peruvian Sol Cheapens Further Ahead of the Elections
The Peruvian sol (PEN) is standing out as an underperformer relative to other EM currencies,. However, we would look for an entry point closer to...
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