FX Daily: Renminbi Re-Appraisal Keeps Emerging Market FX On Back Foot
May 09, 2022 at 04:02 AM EDT
The dollar starts the week at marginal new highs, driven by the three key themes: i) Fed tightening ii) the war in Ukraine, and iii) the China slowdown. Looking ahead, we should see slightly softer US inflation this week.