Asian currencies advance before European officials meeting

Note: This section contains information in English only.
Source: Bloomberg
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.
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Tue, 21 Aug 2012 10:05:47 GMT

Loonie trades close to 3-month high

The Canadian Dollar traded close to a three-month high on ameliorated economic growth outlook and speculation European policy makers will take steps to curb the region's debt crisis. The Loonie gained 0.1% to 98.84 cents per U.S. Dollar. The Canadian Dollar rose against its U.S counterpart last week on higher than expected retail sales and industrial output in the U.S.

Tue, 21 Aug 2012 14:30:39 GMT

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