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EURUSD Soars on DXY Drop; Dollar Weakness Boosts Frontier Debt Demand

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Ashmore favors Pakistan and Argentina frontier debt as IMF deals and moderating inflation improve fundamentals; DXY has fallen ~9.8% YTD, boosting frontier returns.
  • Markets show mixed moves with higher US yields and short-term volatility around central bank events.
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EURUSD price history

1.16 +0.00% over the displayed period

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