Emerging Market Stocks and Currencies Rise Despite Fed’s Hawkish Outlook
Emerging market stocks rose on Thursday, as did several currencies, as investors looked past the minutes of the latest Federal Reserve policy meeting on Wednesday in which a cautious outlook was reinforced.
During the last meeting, nearly all Fed policymakers voiced support for the slowing...
Dollar Remains Rooted to Seven-Month Low as Euro and Yen Gain Ground
The U.S. dollar fell to a seven-month low against a basket of major currencies on Monday while the euro and the Japanese yen appear to be strengthening. Investors are now awaiting the Bank of Japan's latest moves with regard to its yield control policy.
While...
Emerging Market Currencies Rally as Dollar Wavers
Numerous emerging market currencies rallied for a third consecutive day on Monday, while the dollar weakened ahead of the release of key U.S. inflation data which is expected to be released this week.
The Hungarian forint, Polish zloty, and South African rand all gained...
Sterling Loses Ground Against Dollar Amid Inflation Concerns
The British Pound weakened against the U.S. Dollar on Thursday, slipping by 0.1% to $1.204. This comes after policy minutes from the Federal Reserve boosted the U.S. currency.
Mass investor anxiety has arisen from UK inflation concerns, which could lead to a weakened British...
U.S. Dollar Experiences Major Surge
Contrary to what you may have heard, the U.S. dollar is actually been thriving as of late. After seeing a relative decline in the last year, its now experiencing a surprising uptick, giving hope to Americans who were losing faith in their country's economy.
In...