Won leads weekly drop in Asian currencies amid Fed rates outlook

Note: This section contains information in English only.
Source: Bloomberg
Asian currencies depreciated about for a second week, led by the Indonesia's Rupiah and South Korea's Won, on speculation the Fed is likely to increase its interest rates in late June. The Won fell 2.7% this week, setting the biggest drop since 2011, along with the Rupiah that slumped 1.7%, touching to its seven-month low.

Back to articles

Actual Topics

Fri, 13 Mar 2015 13:36:04 GMT

Nikkei 225 posted a record growth in 15 years

The Nikkei 225 added 1.4% to 19,254.25 level, showing the record highs, since April 2000, as the stocks of leading Japanese supplier of robotic automation, Fanuc Corporation, soared 13%. Meanwhile, the Topix climbed 0.9% to trade at 1,560.33 level, also demonstrating the highest gains, since December 2007.

Thu, 12 Mar 2015 14:00:08 GMT

Asian stocks advanced on South Korea rate cut, while Euro decreases

An unexpected rate cut by South Korea's central bank pushed Asian stocks to the new highs. Therefore, the Korean Kospi rebounded, but then dropped 0.5%. Japan's Nikkei 225 soared 1.4% showing a new 15-year record. Meanwhile, the Euro plunged to new 12-year record lows, on the ECB decision to start bond-buying programme.

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.