Loonie falls as BOC Governor admits stimulus

Note: This section contains information in English only.
Source: Bloomberg
The Canadian currency declined on Wednesday dropping to the weakest level in seven weeks after Governor of the nation's central bank Stephen Poloz announced that temporary stimulus would have positive impact on Canadian commodity exports. The so-called Loonie slipped 0.2% to C$1.0469 per U.S. Dollar as of 5 p.m. Toronto time following a drop to the lowest level since September 6.

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Wed, 30 Oct 2013 10:39:09 GMT

Won rises modestly before Fed's meeting outcome

The South Korean Won recorded a modest rise on Wednesday closing 0.6% from the strongest level in two years as investors awaited the outcome of the Federal Reserve two-day policy meeting suggesting continued stimulus. The Won traded at 1,060.30 per U.S. Dollar at close in Seoul following a gain to the strongest level since August 2011 at 1,054.35 on October

Wed, 30 Oct 2013 10:17:04 GMT

Aussie, Kiwi Dollar fall as New Zealand's rating may be stripped

The Australian and New Zealand's Dollar decline on Wednesday with the Kiwi Dollar dropping to the lowest level in a four-week period as the rating agency Moody's Investors Service considers stripping the country's top credit rating. Kiwi traded at 82.62 U.S. cents as of 5 p.m. Sydney time after touching 82.13, the lowest since October2, while Aussie traded at 94.91

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