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Five emerging market FX trades for 2012

French bank Societe Generale makes the case for foreign exchange investing in emerging markets over the next 12 months

Emerging market currencies will offer a better return than developed market FX investments this year, Societe Generale said in its global research outlook for 2012 today.

Latin American currencies in particular are set to appreciate against the dollar, the French bank's emerging market strategists suggested.

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