6d ago

Emerging-market currencies weaken on strong U.S. business data

Emerging marketsU.S. dollar strengthBusiness activity surge

Emerging-market currencies extended losses on 2026-09-23 following U.S. data showing business activity rose at the fastest pace in more than five years, according to Bloomberg reporting. A strong dollar pressured emerging currency valuations as U.S. economic strength attracted capital flows.

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Emerging Currencies Extend Decline on US Data, Strong Dollar

rss:bloomberg-marketsus_mainstream6d ago kagi ↗

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 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. (Source: Bloomberg)