Dollar index extends decline ahead of US reports

Note: This section contains information in English only.
Source: Bloomberg
The dollar index maintained last week's losses as analysts predict US consumer confidence surged most in 5 months and manufacturing measures advanced. The dollar index which measures the US dollar against basket of 6 other currencies, edged down 0.1% to 79.853. Last week dollar index slipped 0.2% as demand for less risky assets declined. 
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Tue, 27 Dec 2011 07:45:52 GMT

South Korea's consumer confidence drops after Kim Jong Il's death

The index of South Korea consumer confidence declined to a 3-month low as North Korea political outlook worsened after death of Kim Jong Il. The confidence index tumbled from 103 to 99 in November. A figure below 100 signals pessimism outweighs optimism. The leader of North Korea died on December 19. His son is expected to replace him. 

Tue, 27 Dec 2011 07:44:52 GMT

Yen: the best currency in 2011

Strategists name Japanese Yen as the most successful currency of 2011 and predict even further appreciation despite officials promise to intervene again. The improvement of Yen including 4.1% advance against US Dollar depicts worries in world markets as Europe struggles with debt crisis for a second year. Foreign ownership of Japanese debt reaches record high since 2008.

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