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Emerging market currencies are back in the firing line thanks to renewed trade war concerns and fears over the likelihood of slowing global growth. The risk-off market mood is poised to punish EM currencies for the remainder of the trading week with a stabilizing Dollar rubbing salt into the wound. Indonesia’s Rupiah, the South Korean Won and Malaysian Ringgit among many others are clear casualties of the unfavourable market conditions. With emerging market sentiment quite fragile and sensitive to trade related newsflow, further signs of escalating trade tensions will most likely expose EM... Read More
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