Forex Investment and Currency Trading

Emerging financial markets frequently track swings in advanced economy stocks. However, the close relationship between Emerging Market (EM) currencies and the S&P 500 broke in October 2007 with virtually no sign of repair since.
In 2H 2008, emerging market currency strategies will likely benefit from adhering to two main tenets
1) pursuit of relative value and 2) [...]

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The USD gained a stunning 5.3% versus the Colombian peso (COP) last Thursday, largely on the heels of remarks by President Uribe that the government is working to stem the gains in the COP and create a more ‘competitive’ peso. The movement of the currency reflects more than Presidential rhetoric and the drop in the [...]

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South Africa The current account deficit worsened to a 26-year high in the first quarter, while a robust headline financial account balanced masked underlying weakening that increases concerns about financing going forward. The annualized current account deficit rose to 9.0% of GDP, much worse than in Q4 and than expected by the consensus. While manufacturing [...]

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