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LatAm FX: Carry window opens with caveats – BNY

BNY’s Geoff Yu and David Tam argue that a more dovish Federal Reserve (Fed) and weaker United States (US) labor data have improved conditions for Latin American (LatAm) carry trades, but broken correlations with commodities and lingering inflation risks limit momentum.

LatAm FX: Carry window opens with caveats – BNY

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