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While G10 FX is relatively.........>

EMERGING MARKETS
EMERGING MARKETS: While G10 FX is relatively quiet, it's not the same case for
emerging markets as the 3% yield in 10y US Treasuries has prompted weakness in
currencies ranging from the HUF, PLN, TRY and ZAR, which have all moved lower
against the USD today. Particular weakness is seen in the TRY after President
Erdogan's commitment to make monetary policy more political this morning, which
has seen USD/TRY top Try 4.40 for the first time. 

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