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Emerging Currencies Extend Decline on US Data, Strong Dollar

Bloomberg Markets Wednesday 23 September 2026, 16:31 UTC 1 min read
Key Points

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.

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)
US (LOCATION) Bloomberg Intelligence (ORG) Damian Sassower (PERSON) China (LOCATION) Trump (ORG) Chinese (ORG) Xi Jinping (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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