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By Kim Kyoungwha
March 10 (Bloomberg) — Asian currencies strengthened, led by South Korea’s won and the Taiwan dollar, as stock gains helped draw funds to emerging markets. Read more »
Posted: March 10th, 2009 under News.
Tags: Asian Currencies, Currencies, Currency Trading, Forex, Forex Market, Forex Trading, Global Recession, Taiwan Dollar, The MSCI Asia Pacific
Comments: none
By Candice Zachariahs
March 10 (Bloomberg) — Australia’s dollar rose after touching a one-week low as rising domestic stocks revived demand for the currency. New Zealand’s dollar fell. Read more »
Posted: March 10th, 2009 under News.
Tags: Australian Dollar, Currencies, Currency Trading, Forex, Forex Market, Forex Trading, Global Recession, N.Z. Dollar, The Baltic Dry index, The Reserve Bank of New Zealand
Comments: none
By Judy Chen
March 10 (Bloomberg) — China should let the yuan rise 3 percent against the dollar in 2009 to deter capital outflows and help the country make overseas acquisitions, saidWang Jian, a researcher affiliated with the nation’s top planning agency. Read more »
Posted: March 10th, 2009 under News.
Tags: Bailout, China Foreign Exchange Trade System, Currencies, Currency Trading, Dollar, Forex, Forex Market, Forex Trading, Global economic growth, Global Recession, Yuan
Comments: none
By Yasuhiko Seki and Ron Harui
March 10 (Bloomberg) — The yen fell for a third day against the euro before government reports that analysts say will show Japan’s recession is deepening, reducing the appeal of the currency. Read more »
Posted: March 10th, 2009 under News.
Tags: Australian Dollar, Currencies, Currency Trading, Dollar, ECB, Euro, Forex, Forex Market, Forex Trading, Global Recession, New Zealand Dollar, Yen
Comments: none
By Shamim Adam and Michael Munoz
March 6 (Bloomberg) — Malaysia’s exports fell the most in 15 years in January as the Asian economic slowdown worsened amid slumping global demand for electronics and commodities. Read more »
Posted: March 6th, 2009 under News.
Tags: Asia's biggest economy, Asia's export, Asian economic, currencies trading, currency, Currency Trading, Forex, Global demand, Global Economy, Global Recession, Malaysia's exports, Overseas shipments
Comments: none
By Li Yanping
March 6 (Bloomberg) — China’s central bank reiterated a “moderately-loose” monetary policy for this year and said it would keep the yuan basically stable. Read more »
Posted: March 6th, 2009 under News.
Tags: China's central bank, China's Economy, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession
Comments: none
