The Korean Won in Currency Trading

198384 Resource 119232 120646 120646 1204205055306 1204205055306 Controlled Korean Won Gains in Currency Trading

Asian currencies continue their advance in forex trading

Asian currencies are still doing well in forex trading today. The Korean won is among those leading the charge in currency trading on the FX market. Indeed, with worries over the US economy continuing to mount, dollar weakness is fueling gains in many Asian currencies. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aubbAKImP11o&refer=currency" target="_blank" title="Korean won currency trading, currency trading, FX market, forex trading, Asian currencies, Asian currencies forex trading, dollar weakness, US economy" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the Korean won in currency trading</a>: <div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;"> ``Worries about the fundamental strength of the U.S. economy are driving the dollar's weakness, which is the biggest single factor powering the won's gain,'' said Sam Hong, a currency dealer with Shinhan Bank in Seoul. ``Month-end exporters' deals will keep flowing in as well. Further won gains are inevitable.'' </div>The Korean won is used by some traders as a proxy for the Chinese yuan. 9 application/xml false Asian currencies Asian currencies forex trading currency trading dollar weakness forex trading FX market Korean won currency trading US economy The Korean Won in Currency Trading Asian currencies and forex trading http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.12) Gecko/20080201 Firefox/2.0.0.12 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web