Aussie is traded higher against Dollar ahead of Bernanke speach

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Source: Bloomberg
The Australian Dollar was traded higher by 0.1% to 98.18 per U.S. cents in the of Sydney trading session on Tuesday. The pair holds the biggest increase in two months versus the greenback ahead Federal Reserve Chairman Ben Bernanke testimony in Congress tomorrow. Investors speculate that U.S. policy makers might reduce bond purchases.
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Tue, 21 May 2013 08:04:01 GMT

Emerging market stocks are little changed on Tuesday

The majority of emerging-market shares increased on Tuesday as the advance was led by industrial and solar companies, while financial companies fell. The MSCI Emerging Market Index was traded at 1,047.97 as of 1:36 p.m. Hong Kong time with 253 stocks gaining and 245 stocks falling, whereas the South Korea's Kospi Index dropped 0.2% and the Jakarta Composite Index slid

Tue, 21 May 2013 10:03:03 GMT

Won advances on exporter demand

The South Korean Won was higher by 0.2% to 1,114.68 per U.S. Dollar in the morning of Seoul trading session on Tuesday. The currency strengthened on speculation that the lowest value of the Won in four weeks will encourage some domestic exporters to exchange overseas proceeds.

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