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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The South African rand climbed today as gold continue to post new records and on speculation that the central bank will increase the interest rates.(…)Read the rest of Gold Jumps Above $1,500, Helping South Africa’s Rand (77 words) Posted on Forex News. Read More Gold Jumps Above 1,500, Helping South Africas Rand
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The South Korean won ended its five-day rally, falling today, on concerns that the government will intervene to slow the appreciation of the currency.(…)Read the rest of South Korean Won Retreats on Possibility of Intervention (64 words) Posted on Forex News. Read More South Korean Won Retreats on Possibility of Intervention
Posted in FX News | Tagged intervention, korean, of, on, possibility, retreats, south, won
The South African rand gained today, rising for the third straight day against the US dollar, as commodities rallied and market participants expect an increase of the interest rates.(…)Read the rest of South African Rand Rises for Third Day vs. Dollar (81 words) Posted on Forex News. Read More South African Rand Rises for Third Day vs Dollar
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The South Korean won rose today on the forecast that the influence of the global economic recovery will outweigh the negative impact of the earthquake and the radiation leak in Japan.(…)Read the rest of South Korean Won Becomes Stronger with Better Global Economy (68 words) Posted on Forex News. Read More South Korean Won Becomes Stronger with Better Global Economy
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The South Korean won rose today to highest level in almost seven weeks as the inflows of foreign funds help the economy of South Korea, making the nation’s assets more attractive.(…)Read the rest of Expanding South Korean Economy Increases Appeal of Won (63 words) Posted on Forex News. Read More Expanding South Korean Economy Increases Appeal of Won
Posted in FX News | Tagged appeal, economy, expanding, increases, korean, of, south, won
The South Korean jumped to the highest level in six weeks today as the Group of Seven nations agreed to help Japan to deal with the aftermath of the earthquake, the tsunami and the radiation leak.(…)Read the rest of G-7 Will Help Japan, South Korean Won Gains (94 words) Posted on Forex News. Read More G7 Will Help Japan, South Korean Won Gains
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The South Korean won recovered from its earlier losses today as the lower than expected growth of China’s consumer prices reduced probability of further tightening by Chinese government to reduce inflation.(…)Read the rest of South Korean Won Gains on China’s Inflation (84 words) Posted on Forex News. Read More South Korean Won Gains on Chinas Inflation
Posted in FX News | Tagged chinas, gains, inflation, korean, on, south, won
The South African rand dropped today as the tensions in Egypt threaten to fuel unrest in other countries of the region, causing uncertainty and risk aversion sentiment.(…)Read the rest of South African Rand Drops on Civil Unrest in Egypt (81 words) Posted on Forex News. Read More South African Rand Drops on Civil Unrest in Egypt
Posted in FX News | Tagged african, civil, drops, egypt, in, on, rand, south, unrest