Emerging FX Index Edges Up on Peace Deal Ahead of Fed Meeting (opens original article in a new tab)

An emerging-market currency index rose as traders considered a US-Iran peace deal and Fed policy uncertainty, with oil prices dropping after the deal report.

• Emerging-market currencies edged higher due to an interim US-Iran peace deal
• Fed's upcoming policy meeting created uncertainty for traders
• Brent oil prices fell below $80 per barrel after the deal report