USD Strength Pressures Emerging Market ETFs
This article was originally published on ETFTrends.com.
The recent strength in the U.S. dollar and sudden pullback in developing country currencies have pressured emerging market ETFs in recent weeks. Over the past three months, the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG), the two most popular and largest EM-related ETFs on the [...]