Greenback stays lower ahead of T. Geither's meeting with congressional leaders

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Source: Bloomberg
© Scanpix/Reuters
The greenback traded 0.5% from the lowest level this month against the Euro ahead of Treasury Secretary Timothy F. Geithner's meeting with congressional leaders to discuss the fiscal cliff. The U.S. Dollar was at $1.2946 per Euro at 6.33 a.m. in London from $1.2953 in New York yesterday. It fetched $1.3009 on November 27, the lowest level since October 31. 
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Thu, 29 Nov 2012 08:16:18 GMT

Won strengthens on U.S. budget deal optimism

The South Korean Won strengthened, while government bonds declined on increasing speculation the U.S. economy will prevent the fiscal cliff. The Won gained 0.1% to 1,084.80 per greenback at 10:05 a.m. in Seoul, after losing 0.2% yesterday. One-month volatility fell 8 basis points, or 0.08 percentage point, to 5.25%. 

Wed, 28 Nov 2012 17:08:18 GMT

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