USD Weakness Welcome News for India, Other EMs -- Market Talk

Dow Jones

Jul 01, 2025

0750 GMT - The U.S. dollar has had its worst first-half of any year since 1973, which is good news for India and other emerging-market assets, says Harsh Gupta Madhusudan at Ionic Asset by Angel One. "And 1973 is when currencies started floating. So effectively the worst half year ever," the fund manager writes in a note. A weaker USD tends to be good for EMs, attracting more foreign capital inflows and easing debt burdens. While nothing goes in a straight line up or down, Gupta thinks there is likely to be much more cyclical dollar weakness in the coming years, which will have a direct impact on Indian growth and risk assets--along with EM and non-U.S. assets more broadly--and a positive one at that, he adds.(fabiana.negrinochoa@wsj.com)

(END) Dow Jones Newswires

July 01, 2025 03:50 ET (07:50 GMT)

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So effectively the worst half year ever,\" the fund manager writes in a note. A weaker USD tends to be good for EMs, attracting more foreign capital inflows and easing debt burdens. 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So effectively the worst half year ever,\" the fund manager writes in a note. A weaker USD tends to be good for EMs, attracting more foreign capital inflows and easing debt burdens. While nothing goes in a straight line up or down, Gupta thinks there is likely to be much more cyclical dollar weakness in the coming years, which will have a direct impact on Indian growth and risk assets--along with EM and non-U.S. assets more broadly--and a positive one at that, he adds.(fabiana.negrinochoa@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2025 03:50 ET (07:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MND","symbol_name":"MSCI 印度（美元）指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548807310","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548807310","pubTimestamp":1751356200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"USD":"ProShares Ultra Semiconductors"},"translate_title":"美元疲软对印度和其他新兴市场来说是个好消息——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USD":1,"MNDmain":1},"content_text":"0750 GMT - The U.S. dollar has had its worst first-half of any year since 1973, which is good news for India and other emerging-market assets, says Harsh Gupta Madhusudan at Ionic Asset by Angel One. \"And 1973 is when currencies started floating. So effectively the worst half year ever,\" the fund manager writes in a note. A weaker USD tends to be good for EMs, attracting more foreign capital inflows and easing debt burdens. While nothing goes in a straight line up or down, Gupta thinks there is likely to be much more cyclical dollar weakness in the coming years, which will have a direct impact on Indian growth and risk assets--along with EM and non-U.S. assets more broadly--and a positive one at that, he adds.(fabiana.negrinochoa@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 01, 2025 03:50 ET (07:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}