Asia currencies fall amid Fed minutes and intervention talk

Source: Bloomberg
Asian currencies plummeted this week, starting with South Korea's Won and Malaysia's Ringgit, amid speculation the Federal Reserve of Australia would not extend stimulus measures and central banks of region would intervene to control appreciation. The Ringgit fell 0.8% to 3.1020 per greenback, the Won slid 0.7% to 1,086, the Indonesia's Rupiah dropped 0.4% to 9,708 and Indian Rupee depreciated 0.5% to 54.505.
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Fri, 22 Feb 2013 09:04:05 GMT

Euro depreciates below $1.32 after output falls

The shared currency surged below $1.32 for the first time in six weeks after an industry report indicated services and manufacturing in Europe shrank faster in February than economists' predictions. The Euro slid 0.7% to $1.3190 and plummeted 1.2% to 122.81 Yen, while the latter gained 0.5% to 93.11 per greenback.

Fri, 22 Feb 2013 10:32:00 GMT

German equities bearish on Thursday

German stocks are trading in red on Thursday amid weak national data and concerns that the Fed may stop its bond-buying activities soon. German flash manufacturing PMI rose to 50.1 from 49.8 this month, missing estimates of 50.4. Moreover, German flash services PMI dropped to 54.1 in February from 55.7 in January. The DAX Index declined 1.76% and is currently

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