Emerging-market currencies weakened on Thursday as concern about the conflict in the Middle East drove demand for the safe-haven dollar, while US data supported bets that the US Federal Reserve will moderate the pace of rate cuts.
(Bloomberg) — Emerging-market currencies weakened on Thursday as concern about the conflict in the Middle East drove demand for the safe-haven dollar, while US data supported bets that the US Federal Reserve will moderate the pace of rate cuts. Read More