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Excerpt from:  Forex Analysis
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January 24, 2008

Asian Currencies and Forex Trading Strategy

Emerging market Asian currencies on the FX market
Asian currencies are getting a boost this morning on the FX market. Forex trading strategy should consider that emerging market Asian currencies are gaining, thanks to stock markets stabilizing and a measure of risk appetite returning to currency trading. Bloomberg reports on Asian currencies in forex trading:

``Asian stock indexes are getting higher and that has been prompting Asian currencies to appreciate,'' said Tetsuo Yoshikoshi, a Singapore-based analyst at Sumitomo Mitsui Banking Corp. ``There's some reduction in risk aversion.''
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Topic Tags:  Asian currencies, Asian currencies forex trading, Asian currencies FX market, currency trading, emerging market currencies, forex strategy, forex trading, FX market
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