Emerging Markets May Profit From Potential USD Peak
June 13, 2022 at 16:42 PM EDT
Emerging markets may benefit from a possible peak in the U.S. dollar. In a note to clients, Goldman Sachs’ head of emerging markets equity strategy Caesar Maasry and macro research analyst Jolene Zhong wrote that a nearly 3% drop in a key gauge of the dollar since a high point in mid-May suggests a...