Cherry picking in EM=> Here we are actively looking for a USD short to add to our EM FX portfolio
=> With Chile fundamentals remaining attractive, strong economic growth and increase in business sentiment we are seeing a helping hand driving investment.
=> From a monetary policy perspective the BCCh are expected to raise rates this month by 25 bp
=> We are targeting the 38.2% fib level as an initial target.
=> Lets see how this one goes....
=> GL all
