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Global FX and EM: Seeking themes with a shelf-life

At Any Rate

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Assessing Currency Recovery and EMEA Fiscal Policy Changes

This chapter explores the recovery potential of low-yield currencies, notably the Japanese yen, Scandinavian currencies, and the Australian dollar, amid slowing growth. It also analyzes the impact of fiscal policy changes in Europe on EMEA countries, particularly the Czech Republic and Hungary, emphasizing the importance of EU fund absorption for capital expenditure and economic growth.

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