Analysis: As Fed tapers, don't count out emerging market currencies

When the Federal Reserve first started talking about cutting its massive stimulus earlier this year, emerging-market currencies went into a tailspin. Throughout the summer, while U.S. equities held relatively steady, riskier foreign markets were crushed, and their currencies battered by talk of a Fed pullback. Now, many investors are convinced the Fed's tapering won't cause that kind of market volatility again, and U.S. rates won't spike, just rise slowly. If that's the case, investors will be emboldened to move back into emerging currencies.

via Business News - Yahoo Finance http://finance.yahoo.com/news/analysis-fed-tapers-dont-count-164059117.html