EMLC is attractive now due to a weakening dollar, which boosts returns for local currency EM debt and supports positive fund performance. The ETF is best used tactically when global rates are falling ...
Options traders are betting on at least a 10% gain in emerging-market local-currency bonds over the next three months, ...
When using a credit card abroad, you may be asked by the merchant if you want to pay in U.S. dollars or the local currency. While you might think it makes sense to pay in USD, you'll pay a dynamic ...
Speculation around possible currency agreements has emerged as a key theme in foreign exchange markets, according to Bank of America Securities, while the tailwind from U.S. fiscal policy is fading.
As part of the agreement, IFC will provide ABSL with an unfunded risk-sharing facility of up to $10 million in local currency ...