Won steps to 7-week high on trade surplus

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Source: Bloomberg
© Scanpix/AP
The South Korean Won strengthened 0.1% to 1,100.20 per U.S. Dollar since 30th of April in the morning of Seoul trading session Thursday. The exchange rate touched 1,098.15, what is the strongest level since 13th of March. The Won gainedas a domestic trade surplus was announced and Fed stimulus program spurred speculation that investors will purchase more emerging-market assets.
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Thu, 02 May 2013 16:55:04 GMT

Pound rises on favourable construction results

The British Pound appreciated versus the 17-nation bloc currency on Thursday after the U.K. report showed that construction in the country improved, and as the ECB's President Mario Draghi said the Eurozone's finance ministers are open for negative interest rates. The Sterling added 0.6% to 84.14 pence per euro and it was 0.3% down at $1.5505.

Thu, 02 May 2013 10:27:03 GMT

Australian bond yield at 5-month low on global concern

The Australia's 10-year bonds were eight basis points lower, or 0.08%, to 3.02% in Asia's trading session on Thursday. Bonds reached a 5-month low on concern that the global economy faces a slowdown. German manufacturing sector contracted and China's industry expanded slower what reduced a risk appetite in the market. 

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