Quotes from the news wire:
South Africa still has a lot of challenges and there is the Fitch rating decision to come this month, but they haven't been downgraded ... cyclically there is still room for the rand to do a bit better.
Found on Reuters 8 years ago
The market is now saying June is not going to happen, July is possible but not that likely. That gives a bit more time for emerging markets.
Found on Reuters 8 years ago
Generally that story will be negative for the zloty - it will be very challenging for the government to come up with a plan that works for the banks.
Found on Reuters 8 years ago
In the short term, the seeming Greek resolution is probably providing a little bit of positivity for European currencies, particularly against the euro, the medium-term picture of the zloty is cautious - policy remains very dovish for the foreseeable future, on top of that you have increased political risk going into October with the elections, and that risk premium is not really priced in.
Found on Reuters 9 years ago
The reaction (to Greece) we are seeing on EM currencies is relatively muted. People still believe a deal will get done so they are not treating it as a completely risk-off scenario, the situation has been rolling on for a while and people have been bearish on emerging FX so we are not seeing a real follow through.
Found on Reuters 9 years ago
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