According to TechFlame, according to a report by Jin Shi, interest spread trading is making a comeback among investors in emerging markets, as the market is betting that the Federal Reserve will start cutting interest rates next month, weakening the US dollar and boosting market interest in high-yield currencies. Asset management agencies, from Neuberger Berma (Neuberger Berma) to Aberdeen Group (Aberdeen Group), are increasing the layout of currencies in countries such as Brazil, South Africa, and Egypt. They believe that the weakening dollar and the easing of volatility have created a mature environment for this strategy. In this strategy, traders borrow a currency with a lower yield and buy a currency with a higher yield. Earlier this year, such transactions recorded double-digit returns, but were suspended in July due to a rebound in the US dollar. Recently, poor US employment data has strengthened the market's expectations that policymakers will have to cut interest rates next month to avoid a recession, driving arbitrage trading to heat up again. From DoubleLine to UBS, many institutions have recently joined the dollar bearish camp, saying “the dollar's bearish narrative has played out again.” Ulquieta, Lubomai's co-head of emerging market debt, said: “The possibility of a sharp rebound in the US dollar is very limited, and the overall performance of global economic growth is still stable.” He prefers to trade arbitrage in South Africa, Turkey, Brazil, Colombia, Indonesia, and South Korea.