Dollar shifts up through the gears, EM currencies skid again

A rebound in Chinese shares and a rally in Italian bonds bolstered Europe’s spirits on Tuesday, though the pressure remained firmly on emerging market currencies as the dollar shifted up through the gears again.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/novvJoZMPk8/dollar-shifts-up-through-the-gears-em-currencies-skid-again-idUSKCN1LK01Q