The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.(…)Read the rest of South African Central Bank Keeps Rates Steady, Rand Maintains Gains (115 words) Posted on Forex News. Read More South African Central Bank Keeps Rates Steady, Rand [...]
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The South African rand went higher today for the first time this week as the good fundamentals and the outlook for the USA overshadowed the European crisis.(…)Read the rest of South African Rand Higher on Good News from USA (72 words) Posted on Forex News. Read More South African Rand Higher on Good News from USA
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The South Korean won weakened today as Forex traders shun the currencies of emerging markets because of worries about the effect of the crisis in Europe on the global economy.(…)Read the rest of South Korean Won Drops as Traders Leave Asian Currencies (56 words) Posted on Forex News. Read More South Korean Won Drops as Traders Leave Asian Currencies
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The South African rand dropped today as the optimism about the European banking system quickly waned, spurring investors to draw money out of riskier assets.(…)Read the rest of Rand Falls as Investors Shun South African Bonds (54 words) Posted on Forex News. Read More Rand Falls as Investors Shun South African Bonds
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The South Korean won fell today after the nation’s central bank decided to keep its main interest rates unchanged, signaling that the economic recovery is faltering.(…)Read the rest of South Korea Keeps Rates Unchanged, Won Down (92 words) Posted on Forex News. Read More South Korea Keeps Rates Unchanged, Won Down
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The South Korean won gained today as the comments of Federal Reserve Chairman Ben S. Bernanke last Friday increased risk appetite among Forex market participants, bolstering appeal of higher-yielding currencies.(…)Read the rest of Market Sentiment Improves, South Korean Won Gains (42 words) Posted on Forex News. Read More Market Sentiment Improves, South Korean Won Gains
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The South Korean won climbed today to the highest level in almost three years, heading to the second weekly gain, after the government report showed that inflation grew with faster pace last month.(…)Read the rest of Higher South Korea’s Inflation Leads to Gains for Won (51 words) Posted on Forex News. Read More Higher South Koreas Inflation Leads to Gains for Won
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The South African rand dropped today as the disagreement of the European Union leaders about the bailout for Greece reduced appeal of riskier currencies, but erased most of its losses after the European politician assured that they will help Greece.(…)Read the rest of South African Rand Falls on Greek Crisis, Trims Losses (51 words) Posted on Forex News. Read More South African Rand Falls on [...]
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The South Korean won rose today against the euro and gained versus the US dollar before retreating as the nation’s central bank lifted its main interest rate to rein the inflation.(…)Read the rest of South Korea’s Central Bank Raises Rates, Boosts Won (79 words) Posted on Forex News. Read More South Koreas Central Bank Raises Rates, Boosts Won
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The South Korean won gained today as the nation’s current account surplus advanced to the highest level in four months in April, increasing demand for South Korean assets.(…)Read the rest of South Korean Won Climbs on Current Account Surplus (54 words) Posted on Forex News. Read More South Korean Won Climbs on Current Account Surplus
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