Monday, July 28, 2014

EM Rundown: Argentina (Probably) Defaulting, South Africa Spewing Data, China Soaring

Given the completely barren economic calendar and typical summer Monday volume, it's not surprising that both G10 and EM currencies are consolidating within last week's ranges today. Thankfully, G10 volatility is sure to pick up heading into the latter half of the week with high-impact data releases out of the



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