Asian currencies strengthen versus US dollar
Story link: Asian currencies strengthen versus US dollar

After last week’s holiday, the Japanese yen was helped out on Monday by the perception that the US and Japan are at odds over currency issues as well as by the first increase in land prices in Japan in fifteen years and by comments from the governor of the Bank of Japan that his nation’s […]
Aussie dollar gains, US dollar weaker
Story link: Aussie dollar gains, US dollar weaker

An unexpected hike in interest rates by the Reserve Bank of Australia sent the Australian dollar in relation to the US dollar on Wednesday. The Bank raised the rate to 5.75 percent, a gain of 25 basis points and its highest level in six years, citing inflationary pressures, especially due to rising prices for […]
Aussie dollar gains, US dollar weaker
Story link: Aussie dollar gains, US dollar weaker

An unexpected hike in interest rates by the Reserve Bank of Australia sent the Australian dollar in relation to the US dollar on Wednesday. The Bank raised the rate to 5.75 percent, a gain of 25 basis points and its highest level in six years, citing inflationary pressures, especially due to rising prices for […]
US dollar slightly stronger; Asian currencies lower
Story link: US dollar slightly stronger; Asian currencies lower

The US dollar gained 0.1 percent to $1.2056 in relation to the euro on Monday, and it was also up 0.1 percent to ¥112.26 versus the yen.
The dollar’s strength was based on a sense of relief that the damage caused by Hurricane Rita was less than many had feared it would be, and especially that […]
Asian currencies down in relation to US dollar; sterling lower
Story link: Asian currencies down in relation to US dollar; sterling lower

Asian currencies were down in relation to the US dollar on Tuesday. The yen fell 0.8 percent against the greenback to ¥111.54, besides falling 0.6 percent to ¥136.06 in relation to the euro. The yen’s problems seemed to be stem from weak economic data. Unemployment in Japan was up to 4.4 percent […]
Asian currencies strong on trading
Story link: Asian currencies strong on trading

Asian currencies were generally up on Tuesday, helped by China’s revaluation of the renminbi and by equity inflows.
For example, the South Korean won was up 0.5 percent on the day and has risen 2.3 percent since July 21 to Won1,020 in relation to the US dollar.
Similarly, the Singapore dollar was also […]