XE Market Analysis: G10 and EM Currencies Rattled by Resurgent US Dollar

OVERVIEW

  • The Greenback is closing on strongly for the fifth week in a row, 0.11% against the basket of major currencies.
  • Turkish Lira and the South African Rand weakened to fresh lows as EM currencies continue to slump.
  • West Texas Intermediate at $71.57 barrel, up 8 cents amidst geopolitical risks and supply tightening.

HIGHLIGHT