Asian currencies rise to 7-month high on U.S. employment data

Note: This section contains information in English only.
Source: Bloomberg
Asian currencies were close to 7-month high as data showed the U.S. employment increased more than economists projected, alleviating market concerns about global slowdown and boosting demand for riskier assets. The Taiwan Dollar gained 0.3% to NT$29.322 versus the U.S. Dollar, while the Philippines peso rose 0.1% to 41.555.The Malaysian Ringgit climbed 0.1% to 3.0575. 
Back to articles

Actual Topics

Thu, 04 Oct 2012 08:27:05 GMT

Gold modestly higher as dollar rally ends

On Thursday, gold prices were higher, after traders started to sell the U.S. Dollar. On the NYMEX, December delivery futures for gold were traded at $,781.35 per troy ounce, which was a 0.09% increase for the Asian trading hours. Earlier it hit $1,780.55, which was a session low, and a session high of $1,782.15 per troy once.

Thu, 04 Oct 2012 11:51:47 GMT

Yen weakens on speculation central banks will take steps

The Japanese Yen fell versus its major counterparts amid speculation central banks will take more measures to prevent further economic slowdown, curtailing demand for haven assets. Japan's currency lost 0.2% to 78.67 per U.S. Dollar after touching 78.72, the lowest level since September 19. The Yen fell 0.4% to 101.68 per Euro, heading for a sixth-consecutive decline. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.