Asian currencies rise on U.S. retail sales data

Note: This section contains information in English only.
Source: Bloomberg
Asian currencies advanced as U.S. retail sales data surpassed economists' expectations, thus supporting demand for higher-yielding currencies. Advanced retail sales in the U.S. increased 1.1% last month, while economists anticipated a 0.8% gain. South Korea's Won rose 0.3% to 1,107.13 per U.S. Dollar and the Philippine Peso gained 0.2% to 41.397. India's Rupee advanced 0.2% to 52.9126 and Malaysia's Ringgit climbed 0.1% to 3.0585.
Back to articles

Actual Topics

Tue, 16 Oct 2012 08:30:20 GMT

RBA goes for accommodative policy

Reserve Bank of Australia's policy makers decided that the central bank's monetary policy needs to become more accommodative, RBA's October meeting minutes showed on Tuesday. The bank mentioned that the pace of domestic expansion may be slower than original estimates, adding signs to global growth slowdown. At the meeting, the monetary policy board cut the cash rate by 25 basis

Tue, 16 Oct 2012 08:19:21 GMT

Wheat slumped on weak demand for US shipments

Farm commodities plunged on Monday as favorable weather conditions accelerated harvesting in the US and Brazil. Slightly lower US Dollar despite encouraging national data restricted losses of rural commodities. Wheat lost almost 1% after US numbers showed that farmers sold only 14,200 tons of grain last week, the lowest level since June.Corn was the top-loser as US harvesting is accelerating.

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.