Asian units weaker on strong US jobs data
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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. South Korea and Japan compete to export cars and other products to the US.
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