Bath reaches a 16-moth high on central bank speculation

Note: This section contains information in English only.
Source: Bloomberg
The Thailand's Bath increased by 0.5% to 30.09 per U.S. Dollar in early Bangkok trading session on Tuesday. That was a seventh consecutive gain and the currency reached the strongest exchange rate versus the U.S. Dollar since September, 2011. The currency is traded positively, on speculations that the central bank will allow to fight with inflation, as it accelerated to the fastest pace in last 13 months.
Back to articles

Actual Topics

Tue, 15 Jan 2013 11:00:09 GMT

Ringgit increases to a 10-month high on U.S. monetary easing optimism

The Malaysia's Ringgit increased by 0.4% to 3.0041 per U.S. Dollar on early Kuala Lumpur trading session on Tuesday. The currency appreciated to a 10-month high on speculation that the Federal Reserves Bank will continue to pump money into the U.S. economy, what will boost the price for risky assets and equity. Also, Malaysia's factory output increased by 7.5%, beating

Tue, 15 Jan 2013 10:28:03 GMT

Ruble appreciates on central bank announcement

The Ruble, the Russian currency, rose 0.2% to 30.2540 per U.S. Dollar by midday in the Moscow trading session on Tuesday. The currency appreciated further breaching the highest level since May, 2012. Investors traded the Ruble with a positive perspective, as Russia's central bank announced about proceeding interventions to curb the domestic currency's gains.

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.