U.S. dollar poised to move on the peso and real
While the Peso has strengthened back below its 200 day MA, it remains in a well defined trend channel from the October low and resistance comes in multiple ways down to 12.98.
Author: Richard Ross
South African rand becoming bearish
While Monday’s risk on reversal has pumped the brakes on the resurgent U.S. dollar, the technicals suggest that it is not all “rainbows and unicorns” for several emerging money currencies.
Santa Claus rally – EM vs DM
Our analysis now suggests that we are on the verge of a powerful “Santa Claus” Rally in US Equities
which holds the potential to carry the benchmark S&P 500 to 1,425 (+5%) by year end.
Mexican peso breaking out
As we’ve highlighted here at Emerging Money throughout the year the Mexican Market has been a star of the Emerging World in recent years, and sits just 4% off of an All Time High after the recent correction.
