Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How EMs Defy the Strong Dollar in June 2026
The US dollar is at a 20-year high, yet emerging market equities are rallying—EEM up 3.2% in a week, EWZ surging 4.2%, EWY jumping 6.4%. Hosts Lucas and Luna explore why the old correlation is breaking. They examine the Iran peace deal's impact on oil-dependent EMs, the divergence between Chinese and Korean stocks, and how EM central banks' gold buying and rate hikes have built a buffer. Lucas drills into the trade-weighted dollar index at 120.1 and the yuan's surprising stability at 6.77 per dollar. The episode unpacks whether this rally is a relief bounce or a structural…
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