Emerging-market currencies resumed their free-fall with traders flocking to dollars despite weak economic data from the US. The Mexican peso and Brazilian real led the currency gauge lower, extending losses after a lower-than-anticipated print for consumer confidence in the US. Amid Tuesday’s currency weakness, a string of developing nations from South Korea to Dominican Republic and Lithuania are offering dollar bonds as US Treasury volatility abates. “It may be a dollar recovery,” said Marco Oviedo a senior investment strategist at XP Investimentos in Sao Paulo, referring to the weakness in emerging currencies. The ... (full story)