Swaps traders are now pricing a less than one-in-two chance the Fed will hike by another quarter point this cycle.
The Fed gave its clearest signal yet that it's willing to tolerate a recession to regain control of inflation.
The benchmark MSCI currency gauge gained 0.2% after losing as much as 0.8% earlier.
Easing trade tensions provide some relief amid a avalanche of bad news for emerging markets.
Emerging markets have faced escalating trade tensions, monetary tightening and idiosyncratic risks in 2018.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
