Asian currencies appreciate on region's enhanced economic outlook

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/AFP
Asia's currencies are set to gain this week, driven by optimism the regional economy will recover, and Philippine peso. The currency appreciated 0.6% to 41.073 per dollar, while the South Korean Won strengthened 0.5% to 1,086.25 and Malaysia's Ringgit surged 0.5% to 3.0591 this week. Meanwhile, the Chinese currency Yuan added 0.13% to 6.2277. The economic outlook improved as Chinese manufacturing expanded, Taiwan's exports increased more than expected and Malaysia's GDP rallied 5.2%.

Back to articles

Actual Topics

Fri, 23 Nov 2012 10:03:02 GMT

Futures on European shares slightly advance

European equity futures slightly advanced as the Stoxx Europe 600 index is close to its biggest weekly advancement in nine months on speculation the U.S. and China are on their way to economic recovery, and prior to report on Germany's business confidence that probably fell this month. Euro Stoxx 50 Index added around 0.1% to 2,536, whereas FTSE 100 Index

Fri, 23 Nov 2012 10:24:10 GMT

Coffee dropped on abundant global supplies

Farm commodities were mixed over the last five trading days amid weak demand for US exports and rain forecasts in Brazil. Meanwhile, US markets were closed for on Thursday due to Thanksgiving Day holiday.Wheat posted a weekly decline on signs that demand for US supplies weakens. US farmers sold only 314,500 tonnes of wheat last week versus the USDA forecast

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.