Dollar dips after weak US data, Turkish hike supports emerging currencies

By Shinichi Saoshiro TOKYO, Sept 14 : The dollar dipped on Friday after weaker-than-expected U.S. inflation data, with the currency already sagging on signs of reduced trade tensions between the United States and China. Emerging currencies, like the South African rand and the Mexican peso, held onto to gains having surged, as investors in emerging […]

Emerging FX bounce back, tech stocks suffer on trade woes

By Karin Strohecker LONDON, Sept 7 : A tepid dollar provided emerging currencies with some breathing space following a torrid start to the week, but Asian equities suffered on Friday after trade tensions and tech troubles haunted developing market exporters. Turkey’s lira and South Africa’s rand jumped some 1.5 percent after suffering hefty losses earlier […]