A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

All Reports

Aug 29 2013

Cyclical Backdrop for Emerging Market Currencies

With “taper talk” in full swing, markets around the world have been rattled with fears that the massive cash stimulus from quantitative easing will soon be diminished. In particular, emerging market currencies have taken a dive. Does the cyclical backdrop provide any insight into the prospects for those currencies?

ECRI’s latest report presents a cyclical analysis of emerging market currencies that provides a clear outline for whether they will recover soon, or fall further in the months ahead.