Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EM FX
- Political uncertainty keeps weighing on the RUB this week; the ruble is the weakest FX performer among the EM world, down 1.6% against the US Dollar so far.
- CEE currencies also continue to consolidate lower as the risk off environment keeps weighing on the domestic economy.
- PLN is the second worst performer this week, down 1.3% against the greenback; the zloty is the most vulnerable currency among the CEE region to the Russia-related on-going tensions given Poland dependence on imports from Russia.
- The hawkish NBH decision led to some positive HUF retracement in todays’ trading session, erasing most of yesterday’s losses.
- Asian/SE Asian currencies have been the best performing currencies among the EM world, with PHP and CNY at the top of League, up 0.9% and 0.8% against the dollar.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok