{"id":648512,"date":"2017-04-05T04:05:13","date_gmt":"2017-04-05T04:05:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/"},"modified":"2017-04-05T04:05:13","modified_gmt":"2017-04-05T04:05:13","slug":"em-currencies-vulnerable-this-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/","title":{"rendered":"EM currencies vulnerable this week?"},"content":{"rendered":"<p><strong>What is happening with EM currencies?<\/strong>Emerging market currencies are vulnerable this week, Dimitra DeFotis writes in <a href=\"http:\/\/blogs.barrons.com\/emergingmarketsdaily\/2017\/04\/03\/emerging-market-currencies-vunerable-this-week\/\">Barron\u2019s<\/a>, citing a report from Brown Brothers Harriman (BBH) global currency strategy team. \u201cEM FX was mixed last week, and remains vulnerable as this week begins. The rebound in oil helped some, such as the Colombian peso (COP), the Russian ruble (RUB), and the Mexican peso (MXN). On the other hand, idiosyncratic political risks weighed on South Africa. That is likely to persist as the South African rand is trading at its weakest level since January 16 and is on track to test this year\u2019s low,\u201d the report notes. The BBH warning came despite <a href=\"https:\/\/www.ft.com\/content\/8714376c-1522-11e7-80f4-13e067d5072c\">The FT<\/a> saying a few days ago that <strong>emerging market currencies are on course for their second best quarter in the last five years<\/strong>. Goldman Sachs analysts had said \u201ctogether with the recent improvement in EM current account balances, we argue that EM economies are less susceptible to the funding shocks often associated with rising US interest rates.\u201d Doing even better that EM currencies are stock, which <a href=\"https:\/\/www.ft.com\/content\/e8c0f779-26eb-3c14-b06b-397df976a2e2\">were poised<\/a> to clock their best quarter in five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening with EM currencies?Emerging market currencies are vulnerable this week, Dimitra DeFotis writes in Barron\u2019s, citing a report from Brown Brothers Harriman (BBH) global currency strategy team. \u201cEM FX was mixed last week, and remains vulnerable as this week begins. The rebound in oil helped some, such as the Colombian peso (COP), the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[72,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648512","post","type-post","status-publish","format-standard","hentry","category-the-macro-picture","tag-enterpriseam","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"965df899-4d25-4729-95c3-24a9bff299e7","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648492],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EM currencies vulnerable this week? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EM currencies vulnerable this week?\" \/>\n<meta property=\"og:description\" content=\"What is happening with EM currencies?Emerging market currencies are vulnerable this week, Dimitra DeFotis writes in Barron\u2019s, citing a report from Brown Brothers Harriman (BBH) global currency strategy team. \u201cEM FX was mixed last week, and remains vulnerable as this week begins. The rebound in oil helped some, such as the Colombian peso (COP), the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-05T04:05:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EM currencies vulnerable this week?\",\"datePublished\":\"2017-04-05T04:05:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\",\"name\":\"EM currencies vulnerable this week? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-04-05T04:05:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EM currencies vulnerable this week?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EM currencies vulnerable this week? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/","og_locale":"en_US","og_type":"article","og_title":"EM currencies vulnerable this week?","og_description":"What is happening with EM currencies?Emerging market currencies are vulnerable this week, Dimitra DeFotis writes in Barron\u2019s, citing a report from Brown Brothers Harriman (BBH) global currency strategy team. \u201cEM FX was mixed last week, and remains vulnerable as this week begins. The rebound in oil helped some, such as the Colombian peso (COP), the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-04-05T04:05:13+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EM currencies vulnerable this week?","datePublished":"2017-04-05T04:05:13+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/"},"wordCount":194,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","THE MACRO PICTURE"],"articleSection":["THE MACRO PICTURE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/","name":"EM currencies vulnerable this week? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-04-05T04:05:13+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/em-currencies-vulnerable-this-week\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EM currencies vulnerable this week?"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601105,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/em-currencies-begin-giving-traders-the-jitters\/","url_meta":{"origin":648512,"position":0},"title":"EM currencies begin giving traders the jitters","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"EM currencies begin giving traders the jitters: Currency traders are beginning to take note of risk in individual emerging-market currencies, Bloomberg reports. EM saw a deluge of inflows at the start of the year, becoming Bank of America Merrill Lynch\u2019s \u201cmost crowded\u201d trade for the first time ever. However, developing\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2826.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598221,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/19\/sharp-downturn-for-em-assets-amid-global-volatility\/","url_meta":{"origin":648512,"position":1},"title":"Sharp downturn for EM assets amid global volatility","author":"enterpriseam admin","date":"19 May 2019","format":false,"excerpt":"\u201cThe trade war has sunk emerging markets. There's more to come.\u201d \u2014Welcome to the new narrative on EM. May has been a bad month for EM bonds, equities and currencies \u2014 and it could get worse as stalled US-China trade talks prolong uncertainty in the market.Off the proverbial cliff? EM\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639278,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/em-currencies-have-been-dropping-in-reer-terms-when-compared-to-the-usd-despite-rising-in-spot-terms\/","url_meta":{"origin":648512,"position":2},"title":"EM currencies have been dropping in REER terms, when compared to the USD despite rising in spot terms","author":"enterpriseam admin","date":"25 October 2017","format":false,"excerpt":"EM currencies have been dropping in REER terms, when compared to the USD, despite rising in spot terms: Emerging market currencies measured solely against the USD in nominal, non-inflation adjusted terms have gone the way of the EM bull market this year and have grown 5.4%. 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