FX Valuations – Watch NZD, BRL And TWD - Macro Hive
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Over the past month, AUD and NZD rallied the most in G10 and moved deeper into overvalued territory, while undervalued Scandies saw more moderate gains. In EM, KRW and IDR saw the largest gains and are around fair value. Meanwhile, MXN and BRL weakened further into undervalued territory. Below are the details. (We prefer to […]
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