Asian Currencies in Forex Trading

223125 Resource 119247 120646 120646 1231432851463 1231432851463 Controlled Asian Currencies Affected in Forex Trading By U.S. Problems

South Korean won leads Asian currencies lower in forex trading

The South Korean won is leading Asian currencies lower in forex trading as U.S. economic data points to fewer exports. Risk aversion is also playing a roll in the issues with Asian currencies. The slowing U.S. economy, with job loss and consumer spending down, Asian currencies are suffering as the exports they rely on decline. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aBUp1hr7.q9A&refer=currency" target="_blank" title="Asian currencies, currencies forex trading, forex trading, U.S. dollar, South Korean won, exports">Bloomberg reports on Asian currencies in forex trading</a>: <div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;">“Risk aversion is picking up again,” said <a onmouseover="function onmouseover(event) { return escape(popwSearchNews(this)); }" href="http://search.bloomberg.com/search?q=Nizam+Idris&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Nizam Idris</a>, a currency strategist in Singapore at UBS AG, the world’s second- largest currency trader. “The market is concerned about the economy again. Under this sort of environment, Asian currencies will weaken.” </div> 9 application/xml false Asian currencies currencies currencies forex trading exports forex trading South Korean won U.S. dollar Asian Currencies in Forex Trading World currencies on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.5) Gecko/2008120121 Firefox/3.0.5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 119247 blog blogsite/GFTForex/web