The South Korean won climbed today as trade balance of South Korea posted a surplus and Moody’s Investors Service improved outlook for the nation’s economy to positive. Moody’s changed Korea’s government bond rating…
Euro is lower today, dropping as speculation arises regarding the eurozone economy, and the possibility of recession. Manufacturing in the 17-nation currency zone has contracted for the eighth month in a row, and unemployment is at a level not…
The Chinese yuan gained today as a government report showed that China’s manufacturing is expanding, reducing concerns about the slowdown in the Asian nation and leading to the speculation that the nation’s policy makers will…
The Japanese yen fell this week as market sentiment was swinging back and forth among pessimism and optimism, but ended the week leaning to optimistic outlook for Europe and for the global economy in the whole. Traders…