Rally in Emerging Markets Currencies Is Quickly Losing Steam
Updated: 30 May 2022, 07:55 AM IST
TL;DR.This month’s rebound in emerging-market currencies is set to falter, if technical indicators and economic forecasts are any guide.
FILE PHOTO: Mexican peso banknotes are pictured at a currency exchange shop in Ciudad Juarez, Mexico November 10, 2017. Picture taken November 10, 2017. REUTERS/Jose Luis Gonzalez