Won is close to a one-month low on North Korea comments

Source: Bloomberg
The South Korean Won was higher by 0.1% to 1,094.30 per the U.S. Dollar in the beginning of Seoul trading session on Tuesday. The currency touched 1,102.65 level yesterday and that was the weakest Won since October. Markets are concerned about North Korea's position to increase military readiness, as the annual South Korea's and American war games started yesterday.
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Tue, 12 Mar 2013 11:57:44 GMT

British manufacturing production contracted in January at the highest level since June 2012

British manufacturing production contracted in January at the highest level since June 2012, raising awareness that the economic crisis will be back if activity will continue to shrink in current quarter. Manufacturing output fell 1.5% in January in comparison with December. The industrial production, that includes mining and quarrying, electricity, gas and water supply, dropped 1.2% from December. "With the February

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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