Euro remains higher before Junker's visit to Greece

Source: Bloomberg
The common currency held gains before Jean-Claude Juncker, Luxembourg Prime Minister, visits Greece to consider extension to the country's fiscal adjustment programme. The Euro climbed 0.1% to $1.2359, after rising 0.1% yesterday. The Euro headed for a gain against most of its peers this month as Spain's benchmark yields fell to a 7-week low. 
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Tue, 21 Aug 2012 09:43:47 GMT

Asian currencies advance before European officials meeting

Asian currencies appreciated on speculation European policy makers will take steps to combat the Eurozone's debt crisis at the meetings this week, hence increasing demand for riskier currencies. The South Korea's Won rose 0.3% to 1,132.30 per U.S. Dollar. Taiwan's Dollar advanced 0.3% to NT$29.952, while Thailand's Baht gained 0.1% to 31.49.

Tue, 21 Aug 2012 14:30:39 GMT

Thailand's economy grew more-than-expected in Q2

Thailand's economy grew more-than-expected in the second quarter, boosted by increased domestic demand and improved manufacturing. Nation's GDP added 3.3% during the April- June period, while the analysts had estimated a 1.7% growth. In the meanwhile, the government announced $63.4 economic stimulus package, as factories were shut due to the strongest flooding in more than a decade that took place in January.

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