EM currencies extend slide as strong US data lifts dollar

Bloomberg · 7 hours ago
EM currencies extend slide as strong US data lifts dollar
  • Emerging-market currencies extended losses after US business activity rose at the fastest pace in more than five years.
  • The US Dollar and EM opportunities are in focus as Bloomberg Intelligence's Damian Sassower discusses China's economy ahead of Trump's meeting with Xi Jinping.

Quotes

Emerging-market currencies extended losses after the release of figures showing US business activity rose at the fastest pace in more than five years.Bloomberg
Bloomberg Intelligence Chief EM Strategist Damian Sassower discusses the US Dollar, EM opportunities, and China's economy ahead of Trump's meeting with Chinese President Xi Jinping.Bloomberg

Sources