Yen drops after Aso claims Japan avoided G-20 censure; Kiwi appreciates

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Source: Bloomberg
The Yen declined versus the greenback as Taro Aso, Japanese Finance Minister, indicated policies carried out after the currency fell to the lowest in four years went unopposed at the G-20 meeting in Washington. The Japanese currency plummeted 0.5% to 128.73 per Euro and slid 0.4% to 98.55 per U.S. Dollar, poising for a fourth day of declines. The shared currency advanced 0.1 to $1.3065. Meanwhile, after improvement in Asian stocks triggered demand for riskier assets, there was seen a rise in Australian and New Zealand currencies. The Aussie added 0.2% to $1.0325, while Kiwi gained 0.4% to 84.43 U.S. cents.

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Fri, 19 Apr 2013 10:43:04 GMT

Canadian Dollar trades at lowest in one month before G-20 meeting

The so-called lonnie traded at almost the lowest in one month as G-20 meeting took place in Washington, indicating that the central bank are likely to implement measures to stimulate economic growth. The Canadian currency remained almost unchanged at C$1.0264 per greenback, after advancing earlier to C$1.0230. Yesterday it stood at C$1.0294, the lowest level since the beginning of March. 

Thu, 18 Apr 2013 11:55:08 GMT

Won falls amid concerns about global economic recovery

South Korean currency depreciated on Thursday recording its biggest drop in more than a week after demand for riskier assets was reduced amid concerns about weaker global economic recovery, while government bonds increased. The Won declined by 0.5% to 1,123.69 per U.S. dollar in Seoul, the largest fall since April 8, while yields on South Korean 2.75% government bonds due

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