Currencies
Currencies News
Yen Holds Gains Versus Peers on China Slump, Ukraine Concerns
The yen held gains from yesterday against most peers after a gauge of Chinese economic surprises dropped to a nine-month low, underlining concern about a slump in the Asian economy that’s sent commodity prices tumbling.
Brazil Swap Rates Drop on Eased Drought Concern; Real Declines
Brazil’s swap rates fell as rainfall over the past few days eased speculation that a drought will push food and energy prices higher and compel the central bank to keep raising borrowing costs to curb inflation.