As the title suggests, there is a major FX trend brewing in the Middle East, and one might intuitively come to the conclusion that it has something to do with the collapse in Oil prices which, as we all know, tends to drive the region’s growth. That would be a natural assumption, however today our focus is on the Israeli Shekel, the currency of the “start-up nation,” once considered one of the best performing currencies but which is now facing a major turnaround. Continue reading "The FX Trend that's Brewing in the Middle East"
