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The Business Brief MONDAY, 17 AUGUST 2026
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Economy

Emerging Currencies Rise to Fresh Record on Fading Fed Hike Bets

1 source ·1 article ·7h ago

An index tracking developing-nations’ currencies rose to a fresh record as cooling bets on a Federal Reserve interest-rate hike boosted risk appetite, while equities extended their rally on demand for technology shares.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·7h ago

Emerging Currencies Rise to Fresh Record on Fading Fed Hike Bets

An index tracking developing-nations’ currencies rose to a fresh record as cooling bets on a Federal Reserve interest-rate hike boosted risk appetite, while equities extended their rally on demand for technology shares.