Written by Jameel Ahmad, Global Head of Currency Strategy & Market Research at FXTM The relief rally that allowed emerging market currencies to regain their composure after a very nervous reaction from investors to the Turkish Lira crisis appears to have been temporary. The majority of emerging market currencies across Asia are trending lower at time of writing, as the political dispute between Turkey and the United States heats up and the US Dollar charges to another milestone high for 2018. The softness in the emerging market currencies will likely spread into the EMEA region when European markets open today and possibly Latin America FX when Wall Street opens this afternoon. The only real exception to the weakness in the emerging market FX space in Asia has been the Indian Rupee, which is marginally higher against the US Dollar after hitting a new all-time low earlier in the week. When you consider that the Dollar is charging ahead against the majority of its counterparts ...