How EMs Defy the Strong Dollar in June 2026

The US dollar is at a 20-year high, yet emerging market equities are rallying—EEM up 3.2% in a week, EWZ surging 4.2%, EWY jumping 6.4%. Hosts Lucas and Luna explore why the old correlation is breaking. They examine the Iran peace deal's impact on oil-dependent EMs, the divergence between Chinese and Korean stocks, and how EM central banks' gold buying and rate hikes have built a buffer. Lucas drills into the trade-weighted dollar index at 120.1 and the yuan's surprising stability at 6.77 per dollar. The episode unpacks whether this rally is a relief bounce or a structural shift, using data from June 15, 2026. #EmergingMarkets #StrongDollar #EMEquities #EEM #EWZ #EWY #FXI #IranDeal #GoldReserves #CentralBanks #TradeWeightedDollar #Yuan #KoreanWon #June2026 #Economics #FexingoBusiness #BusinessPodcast #MarketDivergence Keep every episode free: buymeacoffee.com/fexingo