This article was first published on ForexTime (FXTM).
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
Emerging market currencies are ending the week with a brutal sea of red across the board, with consistent losses throughout Asia, while the South African Rand and Turkish Lira are leading the way with losses within the EMEA. The Rand dived more than 1.10% on a lack of risk appetite, whereas the Turkish Lira is the talk of the town after plunging an astonishing 10%. For a brief moment the Russian Ruble looked like it would be an exception to the rule of currency market weakness, with the currency trying to regain its initial losses in the aftermath of new US sanctions on Russia a few... Read More
To keep reading this article, please navigate to: ForexTime (FXTM).