Macroscope | Emerging market currencies feel the heat as US economy brightens | South China Morning Post

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Oct 4, 2018Soaring US dollar threatens trouble for emerging markets | Currencies | The Guardian+0.2%
• Apr 8, 2022No peace for emerging market currencies as mighty US dollar reigns: Poll- Moneycontrol.com+0.3%
• Sep 27, 2018World’s two largest economies diverge as China leaves key interest rate unchanged in wake of US Fed cut | South China Morning Post+0.4%
• Sep 18, 2017Dollar hits seven week high against the yen as Fed meeting on US interest rates eyed | South China Morning Post+0.4%
• May 24, 2018Southeast Asia braces for emerging-market capital flight - Nikkei Asia+0.3%

After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

• Oct 4, 2018Soaring US dollar threatens trouble for emerging markets | Currencies | The Guardian-3.1%
• Aug 15, 2018Dollar Rises Against Emerging-Market Currencies - WSJ+2.8%
• Feb 2, 2018Signs of Firming U.S. Inflation Put Emerging Market Currencies Under Pressure+3.7%
• Jun 26, 2024Currencies from Mexico, Brazil Lead Emerging Peers Lower | Financial Post+4.4%
• Sep 10, 2024Emerging Currencies Weaken for Second Day as Stocks Halt Selloff - Bloomberg-1.7%