Emerging Currencies Trim Losses As Traders Digest Rate Decisions
- Currencies were little changed in calm end to trading session
- Emerging equities hold up rally while US stocks give up gains
A gauge of emerging markets currencies ended the day little changed in another quiet session for global markets, which was marked by interest rate decisions in Hungary and Nigeria.
The MSCI emerging-market currency index trimmed earlier losses to close flat, while a gauge of developing nation stocks rose 0.4%, holding gains even as US stocks flipped lower.