Emerging Markets Pairs may be Giving Us Clues

<p>Many emerging market currencies (EMs) trade in the same direction as stocks.  That is, many of the emerging market currency US Dollar pairs trade inversely with stocks.  So, if stocks move lower, emerging market US Dollar pairs, such as the USD/MXN, USD/ZAR and USD/TRY will trade higher.  With stocks bouncing off the lows over the […]</p>
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