EMEA: CEE carry seen vulnerable as flows reverse – BNY
BNY’s EMEA Macro Strategist Geoff Yu highlights a sharp divergence between LatAm (Latin America) and EMEA (Europe, Middle East, and Africa) FX flows, with LatAm seeing six‑month high inflows while EMEA suffers its strongest selling in six months. The report warns that CEE (Central and Eastern Europe) and African currencies face growing pressure as fiscal …
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