Emerging market currencies are outperforming due to market optimism driven by a favourable U.S. election outcome and positive COVID-19 vaccine trial results. The Turkish Lira, in particular, has seen an increase of almost 10% against USD this week, thanks to a potential policy shift from President Erdoğan.
Listen for EM currency outlook from Lee Hardman, currency analyst, as well as his views on Brexit trade negotiations as time runs out for a deal to be made.
Disclaimer: www.mufgresearch.com ...
Emerging market currencies are outperforming due to market optimism driven by a favourable U.S. election outcome and positive COVID-19 vaccine trial results. The Turkish Lira, in particular, has seen an increase of almost 10% against USD this week, thanks to a potential policy shift from President Erdoğan.
Listen for EM currency outlook from Lee Hardman, currency analyst, as well as his views on Brexit trade negotiations as time runs out for a deal to be made.
Disclaimer: www.mufgresearch.com (PDF)
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