Australian and New Zealand Dollars gain after Bernanke statement

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse
Australian currency advanced to the highest level in last two weeks after the Fed's Bernanke indicated that the monetary stimulus programme will remain unchanged in the nearest future. The Aussie rose 1.1% to 92.75 U.S. cents at 4:42 p.m. Sydney time from Wednesday, after earlier reaching 93.06. The Kiwi climbed 1.3% to 79.40 U.S. cents, after touching 79.69, while it gained 0.2% to NZ$1.1682 per Australian Dollar.

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Thu, 11 Jul 2013 08:27:14 GMT

Won gains most since December 2011 after Fed risk eases

The South Korean Won advanced the most in over 18 months and government bonds surged as the Federal Reserve Chairman Ben Bernanke announced that the U.S. economy still needs monetary stimulus, and South Korea maintained interest rates flat. The South Korea's currency jumped 1.2% to 1,122.39 versus the U.S. Dollar, the largest rise since December 2011.

Thu, 11 Jul 2013 08:08:06 GMT

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