Day: September 5, 2018

Continuing EM Pain Helps the Dollar, but does Little for Yen

The dollar is posting gains against most of the emerging market and major currencies.  The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session.  Indonesia’s bourse saw the largest decline (~3.75%) in the region.  In part, it reflects concern that the rupiah’s weakness (falling now nine of the …

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