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TRY and ZAR extend lower, some.....>

EMERGING MARKETS
EMERGING MARKETS: TRY and ZAR extend lower, some would have thought that the
lower Fed rates would have benefited EM currencies, but the USD funding, and
rate cuts coming our way (now globally), is keeping EM under pressure.
**USDZAR immediate resistance is seen at that last week (thursday/Friday) high
16.6103, ahead of 16.6680 (prices are BGNE). 
*USDTRY sees next extension to 6.4646 (still 9 big figures away)

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