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EM Fixed Income: EM outlook for 2H25

At Any Rate

00:00

Examining the Future of EMFX in a Weakening Dollar Era

This chapter analyzes the potential shift in the US dollar's strength and its implications for emerging market foreign exchange (EMFX). It discusses the factors contributing to the dollar's long bull run, the possibility of outperformance by EM currencies, and the challenges faced due to fiscal policies. The speakers emphasize cautious investment strategies in light of rising asset swap spreads and ongoing market pressures.

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