Won climbs as exporters are selling Dollars to meet month-end expenses

Note: This section contains information in English only.
Source: Bloomberg
The South Korean currency jumped on Monday gaining for the second straight session amid speculation that exporters are selling U.S. Dollars as it's coming closer to the end of November to meet month-end expenses.  The Won advanced 0.2% to 1,058.80 per U.S. Dollar by 9:44 a.m. Seoul time, only 0.4% off the strongest level in two years at 1,054.35.

Back to articles

Actual Topics

Mon, 25 Nov 2013 13:03:04 GMT

Czech economic confidence surges in November

The Czech economic confidence in November advanced to 4.5, after it dropped to 2.9 in previous month, thus indicating that the consumers in Czech Republic are not that pessimistic about the current economic situation. Major contributor to the rise in confidence was advance in business sector, which jumped to 7.9, compared to 7 in October. 

Mon, 25 Nov 2013 12:41:03 GMT

Rupee rises against regional peers on Iran's deal

The Indian currency strengthened on Monday rising against the majority of its most-traded regional peers amid optimism  that current-account deficit may be shrank in South Asia as Iran and world's powers agreed on Iranian nuclear program. The Rupee increased 0.6% to 62.5050 per U.S. Dollar by 10:16 a.m. Mumbai time following a gain to the highest level since November 20

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.