EM forex facing challenges as Fed remains cautious on rate cuts
Key Takeaways: 💱 EM currencies unlikely to recover significantly against the USD in the next six months if Fed delays rate cuts 📉 Most EM currencies forecasted to weaken or show minimal gains in the next 3-6 months 📈 Chinese yuan, Indian rupee, Thai baht, and South African rand expected to gain 0.5-3.0% in next … Read more