31.03.2010 - Emerging market currencies show short-term cracks
From Reuters: Emerging market currencies have been all the rage the past year given their robust economies, but it seems these assets have become less appealing to some investors at least in the short term. After out-sized gains in 2009, these currencies, including the Brazilian real, the Chilean peso, and others in Asia, have slipped against the U.S. dollar in 2010, and strategists say these assets are showing some vulnerability as their yields have started to fall...................................Full Article: Source
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