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JPMorgan moves EMEA emerging market FX to 'marketweight' amid Middle East troubles

ReutersMar 3, 2026 12:21 PM

- Investment bank JPMorgan's analysts moved EMEA emerging market FX to 'marketweight' on Tuesday amid escalating tensions in the Middle East, and added Poland's zloty to their list of 'underweight' currencies.

"The CEE region is one of the more exposed to energy prices from an expensive starting position and low carry buffers," JPMorgan said in a research note, adding that EMEA EM FX had enjoyed a strong last few years.

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