News Formal

Mixed outlook for emerging market currencies — survey

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Investors expected to trade cautiously in risky currencies in 2019 with the rand likely to remain relatively steady at 14.30/$ in six months

A money changer counts Turkish lira banknotes at a currency exchange office in Istanbul, Turkey. Picture: REUTERS/MURAD SEZER

Taken in the past week, the survey showed a mixed outlook for emerging market currencies, as Brazil’s real is expected to firm up more than 4% to 3.7/$ while SA’s rand remains relatively steady at 14.30/$ in six months. A similar survey in September expected many emerging market currencies to bounce back at least partially against the dollar this year as weakening growth momentum took the shine off the greenback.

For the trade to work liquidity needs to be plentiful, the global economic backdrop benign and, importantly, currency volatility next to nothing. A separate Reuters poll at the end of March suggested the Fed is done raising interest rates until at least the end of next year, according to economists in a Reuters poll who gave a 40% chance of at least one rate cut by end-2020.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Mashaba releases more properties for mixed use development - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Johannesburg Mayor, Herman Mashaba, has released yet another batch of properties for mixed use development.
출처: SABC News Online - 🏆 32. / 51 더 많은 것을 읽으십시오 »

Mixed feelings over this year's Earth Hour - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%South Africans have expressed mixed feelings about this year's Earth Hour.% Useless. It is not a solution to the real problems humans created on earth. The West created global warming and it is now biting.
출처: SABC News Online - 🏆 32. / 51 더 많은 것을 읽으십시오 »

MARKET WRAP: JSE weakens amid US-China trade talksGlobal markets are mixed while locally retailers fare worst
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Rand leads emerging-market peers after bump by Moody’s bumpThe reduced threat of SA falling off global bond indices is boosting the rand and local bonds
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »