SUBSCRIBERS

Asian units weaker on strong US jobs data

Published Thu, Dec 4, 2014 · 09:50 PM

Singapore

MOST emerging Asian currencies eased on Thursday as the US dollar stayed at multi-year highs against major currencies on solid US jobs data and ahead of an European Central Bank (ECB) policy decision later in the day.

South Korea's won slid against the dollar as the yen plumbed seven-year lows against the greenback, heading towards the 120 per dollar level. Caution grew over possible intervention by the foreign exchange authorities to check the won's strength against the yen. The won hit 9.2868 to the Japanese unit, its strongest since August 2008. …

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here