Pressure on emerging countries' currencies persists (Afternoon audio analysis 30.08.2018)

30.08.2018 15:46

Strong depreciation of many emerging countries currencies continues. The Turkish lira is closer and closer to the historical lows recorded in mid-August. The Latin American currencies are clearly losing their value. If sentiment in the US stock markets worsens, then the zloty may be under clear pressure from sellers.

 

 

Marcin Lipka, Cinkciarz senior analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Cinkciarz.pl Sp. z o.o is prohibited.

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