JPMorgan: The weakening of the US dollar provides more room for maneuver for emerging market Central Banks.

Jin10 data reported on April 11, MSCI Emerging Markets Currency Index hit a one-week high on Friday. Alex Wolf, Head of Asian Investment Strategy at JPMorgan Private Bank, stated: "In the context of slowing trade, the broad weakness of the US dollar makes the monetary policy outlook for emerging market central banks clearer. As global investors express disappointment with the exceptionalism of the United States, capital outflows have led to a weaker dollar, boosting emerging market currencies (with a few exceptions) and providing more room for central banks to formulate policies."

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· 04-11 07:29
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