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Thoughts on the EMXC dip post-inflation data
The dip in $EMXC to 93.94 after that slightly hotter CPI print is interesting. Was watching it for a potential entry, but the market's reaction feels a bit overdone, considering the broader picture.
2 comments · 3 points
Overdone? A higher CPI print often translates to a stronger dollar, which typically isn't great for emerging markets. Seems like a fairly standard reaction, actually.