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Brazil's central bank announced a $60 billion program on Thursday aimed at halting the slide of the Brazilian real, making Brazil the latest emerging economy to seek to prop up its sagging currency. Similar moves have been made by central banks in Indonesia and Turkey. I chose this article because it covers one of the most important aspects of foreign currency, which is the depreciation of it. The consequences of having a weak currency could be severe, as the value decreases in comparison with other currencies, for example Euros, therefore it will take more Brazilian Reals to buy Euros (1 Euro= 2.98804259 Brazilian Reals). In this case this depreciation of the currency has led to some action from the Central Bank in order to boost up the value of the currency. This does not only affect Brazil, it also happens to other emergent economies such as India.

Thailand's baht appreciated extending a rebound from last month's three-year low to 4 percent, as U.S. lawmakers' failure to resolve a budget issue decreased demand for the dollar. Thailand also sees an increase in exports shipments of 3.9 percent in August, allowing the country to see a current-account surplus of $1.3 billion for the month. This shows how currencies can appreciate as an effect of another country's depreciation. Here, we US dollar depreciating due to less demand for it. Moreover, Thai baht also increases, supported by a current-account surplus.

This article states that the Euro has experienced a 8.5 month high due to a weaker dollar. The depreciation of the dollar was due to the government shutdown and the impending economic concerns. In addition, due to increases in China's growth, investors have ventured to take risks with the Euro.

the U.S. dollar edged down against the British pound and euro on Wednesday as a House vote on a Republican bill to reopen the government and lift the debt limit was cancelled, and Senate leaders resumed talks. The euro rose to $1.3551 from $1.3528 late Tuesday, and the pound advanced to $1.6013 from $1.5997. This article is a perfect demonstration of the currency war and the debt crises where the USA desperately tries to raise the debt barrier as depreciation of the dollar still occurs.

Thai Baht has depreciated 0.6 percent to 31.305 per dollar in the previous weeks. This was the baht's weakest week in a month. This has been due to the recent political protests against the amnesty bill. Foreigners have been cutting holdings of the nation's assets in fear of instability. This shows how a demand for a currency can decrease due several factors, including political unrests. As foreigners fear that the nation future in terms of its economic performance is not stable, the demand for Thai baht decreased. People are more reluctant to invest as they fear the political unrests could lead to a fall in value for the assets.