Thu, Aug 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

It’s time to buy Asian currencies

Posted on 23 September 2013

The world’s biggest foreign-exchange traders say it’s time to buy Asian currencies as outflows from the region ebb and the Federal Reserve’s decision to maintain record stimulus helps reverse a four-month slide.
The Bloomberg-JPMorgan Asia Dollar Index has risen 1.4 percent since Aug. 30, set for the best month since September 2012. Investors pumped US$1.4 billion into equity funds in Asian emerging markets in the week ended Sept. 18, the second straight period of inflows, according to EPFR Global data………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36658 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31