Loonie falls amid speculation BOC may downgrade economic forecast

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Source: Bloomberg
© Scanpix/RS
The Canadian currency reversed on Tuesday snapping a three-day winning streak on concerns the Bank of Canada lowers its economic forecast after the U.S. government partially closed last week having an impact in the nation's largest trading partner. The so-called Loonie slid 0.2% to C$1.0304 per U.S. Dollar as of 5 p.m. Toronto time.

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Tue, 22 Oct 2013 09:09:03 GMT

Won trades near nine-month high before U.S. job report

South Korean currency fluctuated on Tuesday traded near its highest level in nine months before a government report showed that the U.S. payrolls increased more than expected in September signaling less stimulus spurring emerging-market inflows. Won traded at 1,062.68 per U.S. Dollar as of 10:12 a.m. Seoul time after rising to 1,062.31 yesterday.

Tue, 22 Oct 2013 08:47:03 GMT

Gold continues to fall before U.S. payrolls

Gold continued to decline on Tuesday falling for a third day before a report in the U.S. showed that the country's payrolls expanded by more than economists had expected signaling that the Federal Reserve may scale back its stimulus measures. Bullion for delivery in October slipped 0.1% to $1,314.70 an ounce as of 8:36 a.m. Singapore time following a 3.5%

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