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Excerpt from:  GFT Analysts in the News
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September 18, 2008

South Korean Won Leads Asian Currencies Lower

FX trading with emerging market currencies
In the current climate, it is wise to reconsider FX trading with emerging market currencies. Things are looking somewhat bleak right now. Liquidity is suffering, and a great deal of risk aversion is manifesting on the FX market.

Right now, this is especially true in Asia. The South Korean won is leading Asian currencies lower. The Taiwan dollar is also lower in forex trading. Central banks in these countries are considering liquidity injections as well, in order to help limit the damage the U.S. market is doing to financial systems around the world.
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PermalinkAsian Currencies in Forex Trading
.FX trading with emerging market currencies
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  Asian currencies, emerging market currencies, FX market, FX trading, FX trading currencies, South Korean won, Taiwan dollar forex trading
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