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Asian currencies advanced Monday, led by the Philippine peso, as Greek opinion polls showed parties in favor of supporting the European bailout gaining support among voters, stoking investor appetite for emerging-market assets. The Bloomberg-JPMorgan Asia ...
May 28, 2012 at 13:22 | Source: nola.com
Asian currencies fell for a fourth week, the longest stretch of losses this year, on speculation Europe’s debt crisis would stall the global economic recovery and hurt demand for the region’s exports. Official reports this week showed China ...
May 26, 2012 at 17:21 | Source: Taipei Times
SINGAPORE: Asian currencies are expected to weaken further against the US dollar. Analysts said the bearish sentiment on regional currencies may continue until the Greek election on June 17. The GDP-weighted Asian currencies have fallen some 4.6 ...
May 21, 2012 at 13:45 | Source: Channel NewsAsia
Asian currencies rose for a second day, led by Malaysia’s ringgit and South Korea’s won, as a global stocks rally and optimism Europe will tackle its debt crisis spurred risk-taking. The Bloomberg-JPMorgan Asia Dollar Index and the MSCI Asia ...
May 22, 2012 at 10:31 | Source: Businessweek
Asian currencies are poised to keep falling after the biggest decline in eight months as the region’s economy slumps more than investors expect, spurring more interest-rate cuts, according to Citigroup Inc. Volatility will increase as Europe ...
May 21, 2012 at 00:31 | Source: Bloomberg
-We expect non-Japan Asian currencies to weaken versus the USD over the next month. This reflects our view that the recent pick-up in risk aversion related to the political stalemate in Greece and weaker-than-expected growth in China will persist at least ...
May 18, 2012 at 09:09 | Source: ForexTV.com
SINGAPORE — Fund managers are reducing their positions in Asian currencies as political turmoil in Greece shakes global confidence and makes hedging trickier. After several Asian currencies logged substantial gains against the dollar early this year, the ...
May 18, 2012 at 11:18 | Source: Wall Street Journal
Singapore: Asian currencies fell, led by Thailand's baht, as speculation Greece will quit Europe's currency union deterred risk-taking, making it harder for emerging markets to attract funds. The baht traded at the weakest level since January and South ...
May 14, 2012 at 18:47 | Source: Gulf News
The country runs a current account deficit of 4 percent of GDP, making it especially vulnerable. It’s not just Asian currencies that have been tumbling in recent weeks. South Africa's rand plumbed five month lows against the dollar on heightened global ...
May 17, 2012 at 04:17 | Source: CNBC
SINGAPORE—Asian currencies sold off sharply Wednesday as concerns about financial contagion from the crisis-hit euro zone swept through the region, prompting South Korean and Indonesian authorities to intervene to temper the declines.
May 16, 2012 at 08:58 | Source: Wall Street Journal