Thu, Apr 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Emerging-market currencies dip with Europe in focus

Posted on 16 November 2011

Emerging-market currencies weakened Tuesday as investors remained focused on the euro-zone’s escalating sovereign debt crisis, though emerging-market sovereign debt was little changed.

Despite positive economic data from the U.S. that marginally helped lift U.S. equities and global commodities, emerging-market currencies were unable to take advantage of any increase in risk appetite. Emerging European currencies, along with the highly risk-sensitive South African rand, suffered the heaviest losses as rising yields in European government bonds overshadowed higher-than-expected October retail sales in the U.S……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34673 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930