JPMorgan Chase Doubles Down on Emerging Market Currency Bet as US Dollar Continues Months-Long Slide: Report

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Analysts at JPMorgan Chase are reportedly doubling down on emerging market currencies as the US dollar struggles its way through 2025. In an analysis published last week, the financial giant’s strategists gave emerging market currencies an overweight recommendation and predicted the market wouldn’t panic over the Israel/Iran conflict, Bloomberg reports . “The next few days will be critical to this, but we would think there is a higher bar for markets to panic.” The recommendation is the opposite...