Won falls as Korea considers trading tax to limit inflows

Source: Bloomberg
South Korea's currency declined, as Deputy Finance Minister Choi Jong Ku said that taxes on bonds and currency trading should be considered in order to help restrict speculative inflows of capital. The Won depreciated 0.3% to 1,085.46 per U.S. Dollar in Seoul after strengthening 0.9% yesterday following a 1.7% decline on January 28. 
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Thu, 31 Jan 2013 10:18:07 GMT

Greenback stays lower ahead of U.S. unemployment data

The U.S. Dollar was poised for a sixth monthly drop versus the Euro ahead of data that might show an increase in the U.S. unemployment claims. The greenback traded at $1.3557 per Euro as of 6:59 a.m. in London, up 0.1% from a day earlier in New York, when it touched $1.3587, the lowest level since November 2011. The U.S.

Thu, 31 Jan 2013 09:56:04 GMT

Aussie falls as Asian stocks decline

The Australian Dollar weakened versus most of its 16 major peers, as Asian shares fell, curbing demand for risky assets. Elsewhere, the kiwi dollar rose against the Aussie after New Zealand's central bank announced it expects the nation's economy to recover. Australia's Dollar declined 0.3% to $1.0390, while the New Zealand Dollar lost 0.1% to 83.50 U.S. cents.  

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