EM FX on Longest Losing Run this Year

March 25 Reuters South Africas rand pared early gains on Thursday after the central bank kept interest rates unchanged, while a stronger dollar put an index of emerging market currencies on track for its longest losing streak this year. The rand was up 0.2 as the South African Reserve Bank SARB kept its key lending […]
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U.S. Weekly Jobless Claims Fall; Q4 Growth Revised Up

Fewer than expected Americans filed new claims for unemployment benefits last week as economic activity rebounds after weatherrelated disruptions in February, but it would likely take years for the labor market to fully recover from the pandemics scarring. Initial claims for state unemployment benefits totaled a seasonally adjusted 684,000 for the week ended March 20, […]
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