Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY

There has been a notable swoon in risk-leaning assets that has also provided some predictable lift to the US Dollar. Combined, these forces have created some unique pressure on some of the more pressurized emerging market currencies. We look at the Dollar cross with the Mexican Peso, Hong Kong Dollar, Indian Rupee and Turkish Lira.