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
- CLP experienced a significant appreciation following yesterday's election results, up 2.8% today against the US Dollar, levitating equities to a 6-month high.
- On the other hand, political uncertainty keeps weighing on the RUB, down 1.7% against the USD, which has been one of the weakest FX performers this month (after TRY).
- Selling pressure on CEE remains elevated, with the HUF down 0.8% against the USD, as uncertainty over the economic outlook has been weighing on CEE risky assets.
- More and more governments have been imposed new restrictions to limit the downside risk of another wave of infections, which could continue to support 'safe' assets such as the US Dollar in the near term.
Source: Bloomberg/MNI
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