Aussie strengthens ahead domestic budget numbers

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian Dollar advanced by 0.3% to 99.89 U.S. cents by the midday trading session in Sydney on Tuesday. The currency finished a six-day depreciation period, as it reached  99.41 at the bottom point, which is the weakest level since 14th of June. Investors wait for the national budget announcement, which should signal about a potential growth.
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Tue, 14 May 2013 07:56:05 GMT

Won erases three-day loss on international cash inflow

The South Korean Won was higher by 0.1% to 1,110.35 per U.S. dollar in the morning of Seoul trading session on Tuesday. The currency erased last three-day loss, as international funds bought domestic equity. Investors boosted their appetite for more risky assets, including emerging markets, as U.S. retail sales indicated an increase.

Tue, 14 May 2013 06:54:04 GMT

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