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Published on Friday, May 4, 2018

Market Comment | USD strength increases pressure on EM assets

The US dollar continued to strengthen against other main currencies, while the UST took some breathing space, the 10Y moving away from the 3% threshold. The firm tone of the FOMC (more detail below) provided some continuity to the USD’s appreciation. Today’s job data for April, despite missing expectations (see), contributed to increasing this […]