Navigating Rates
EMD Monthly Market Musings - “I get by with a little help from my friends” – EM & the US dollar
After witnessing its biggest fall since 1973 – down nearly 10% against a basket of major currencies in the first nine months of the year – the US dollar has regained some strength. Yet we still expect a weaker US dollar in the long term due to fiscal issues, lower rates and policy dynamics. This month, we review the dollar's influence on emerging market investing.