Despite recent headlines celebrating rallies in EM markets, it is unlikely that EM currencies will outperform the dollar over the longer term, as strategists have become too bullish on EM’s prospects and are underestimating the power of the dollar says Phoenix Kalen, Head of Emerging Markets Research at SGCIB. Kalen spoke to Guy Johnson on ‘Bloomberg: The Pulse’. (Source: Bloomberg)
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SocGen: EM Currencies Unlikely to Outperform
