Emerging Currencies Fall as U.S. Jobs Outlook Stokes Fed Concern

  • Gauge of exchange rates weakens for third day in a row
  • Oil rally lifts equity benchmark as energy companies rise

Is It a Good Time to Be in Emerging Markets?

Emerging-market currencies fell for a third day as better-than-forecast U.S. jobs data strengthened the case for the Federal Reserve to raise interest rates, damping demand for riskier assets in developing nations.

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