Emerging Markets
Global Currencies

Dollar vs. Brazilian real — Selic carry, commodity exports, fiscal risk and LatAm sentiment gauge.

Offshore yuan — China growth, PBOC guidance, trade tensions and global de-dollarization proxy.

Dollar vs. Czech koruna — CEE industrial production, CNB rate normalization and EU trade proxy.

Dollar vs. Danish krone — euro-pegged currency reflecting DKK intervention band and ECB shadow.

Hong Kong peg system — HKMA linked rate, China capital flows and global dollar liquidity gauge.

Dollar vs. Hungarian forint — high EM carry, MNB rate premium and EU convergence trade.

Dollar vs. Indonesian rupiah — palm oil and nickel exports, BI intervention and ASEAN growth proxy.

Dollar vs. Indian rupee — IT services balance, RBI reserves management and India growth narrative.

Dollar vs. Korean won — semiconductor exports, BOK policy and North Asian risk sentiment.

Dollar vs. Mexican peso — nearshoring boom, Banxico carry and US-Mexico trade integration.

Dollar vs. Norwegian krone — North Sea oil, sovereign wealth fund flows and Norges Bank policy.

Dollar vs. Polish zloty — EU funds absorption, NBP rate cycle and CEE manufacturing hub.

Dollar vs. Swedish krona — Riksbank policy, Nordic export economy and EU trade linkage.

Dollar vs. Singapore dollar — MAS band-based policy, Asian trade hub and safe-haven EM proxy.

Dollar vs. Turkish lira — extreme carry, CBRT credibility risk and chronic inflation dynamics.

Dollar vs. Taiwan dollar — TSMC semiconductor exports, CBC intervention and cross-strait risk.

Dollar vs. South African rand — gold and platinum linkage, SARB policy and load-shedding risk.