Won falls on concern Japan will let Yen fall further

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Source: Bloomberg
South Korea's Won declined for a third straight day amid concern Japan will debase a value of its currency further, clouding outlook for Korea's exporters. The Won depreciated as much as 0.2% to 1,089.66 per U.S. Dollar at 10:13 a.m. in Seoul. The currency fell to 1,098.25 on February 1, the lowest level since October. One-month implied volatility fell 13 basis points to 7.50%.
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Thu, 07 Feb 2013 07:21:04 GMT

Yuan falls as PBOC cut reference rate amid weak Yen

The Chinese Yuan declined to a six-week low as the nation's central bank reduced its reference rate for a second consecutive day, boosting speculation it is willing to slow appreciation to support exports amid weakening Yen. The PBOC cut the fixing by 0.03% to 6.2898 per U.S. Dollar, the weakest since December 27. The Yuan lost 0.04% to 6.2340 per

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Aussie, kiwi fall on Australia's employment data

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