August 14, 2008


Analysts warn Japan traders may dump Aussie and kiwi - CNBC
TOKYO, Aug 14 (Reuters) - Japan individual traders who have made risky purchases of the Australian and New Zealand dollars may be getting closer to a point where they are forced to sell, potentially fuelling a further drop in those higher-yielding

Asian Currencies: Peso Falls on Oil, Ringgit on Export Outlook - Bloomberg
Aug. 14 (Bloomberg) — The Philippine peso led declines in Asian currencies on concern a rally in oil prices will push up import costs and worsen the nation's balance of payments. The peso approached a four-week low against the dollar after crude oil

MALAYSIA'S ringgit fell on concern a global economic slowdown will - Business Times Malaysia
The currency traded near this year's low after Germany's economy, Europe's biggest, contracted for the first time in almost four years in the second quarter. The Bank of England yesterday cut its forecast for UK economic growth as unemployment rose

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