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Opportunities in foreign currency markets as currencies tumble

Posted on 20 September 2013

Summer is usually a relatively peaceful time for foreign currency markets, as investors make use of their annual leave. But this year things have been slightly different. Emerging markets have made headlines as currencies such as the Brazilian real, Indian rupee and Indonesian rupiah tumble.
Talk of the US Federal Reserve moving to taper its asset purchases – known as quantitative easing – acted as a catalyst but worries about emerging market debt and unrest in the Middle East have also had an impact………………………………………Full Article: Source


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