FX Quarterly: Dollar Divergence, What's Ahead?

July 19, 2024
  • Investor Services
In this quarterly, we analyze the global easing cycle under way and how the USD can benefit in Q3, the challenges ahead for emerging markets in H2, and the key metrics shaping investor perspectives on emerging market currencies.
  • Despite signs of slowing in the U.S. growth remains well above many major economies as Europe leads the global easing cycle and the dollar diverges from global currencies. 
  • Emerging markets face an uncertain outlook heading into H2 and easing cycles are expected to continue as markets grapple with idiosyncratic political risks, unexpecting election outcomes, and attempted coups.
  • Our emerging markets FX snapshot covers the fundamental landscape, incorporating monetary policy divergences, to unpack the structural and cyclical factors driving EMFX.
FX Quarterly Q3 Publication 2024
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