JPMorgan Private Bank: LatAm high-yield FX supported by carry
JPMorgan Private Bank’s Nur Cristiani says high-yield Latin American currencies should stay supported by carry trades, even if recent gains don’t signal stronger economic fundamentals.
By Mehnaz YasminHigh-yielding Latin American currencies will remain supported by carry trades even though their recent gains do not necessarily reflect improving economic fundamentals, according to Nur Cristiani, JPMorgan Private Bank's head of Latin America investment strategy.The Colombian peso F…