Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How the Strong Dollar Is Crushing Emerging Market Stocks in June 2026
The U.S. dollar is at a 20-year high, and emerging market stocks are paying the price. Lucas and Luna break down the mechanics: a 4% weekly drop in the EEM ETF, with China and South Korea hit hardest — Alibaba down 11% in five days — while Brazil's EWZ actually gained 1.3%. They explore why a strong dollar forces EM central banks to hike rates, squeezes dollar-denominated debt, and shifts investor capital back to U.S. Treasuries. The episode uses real economic data from June 26, 2026, including the trade-weighted dollar index at 120.4 and the yuan at 6.77 per dollar, to show how currency…
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