Posts Tagged ‘South Korea’
Why the DXY?
The DXY does not mirror the United States trade position in the global economy. It is heavily weighted to Europe, undervalues the Canadian Dollar, ignores South Korea Taiwan and by necessity China. A firm cannot settle a trade flow in the DXY nor is it particularly useful as a hedge…
STI ends four-day rising streak
THE Singapore market took a breather yesterday, in line with other regional markets, slipping into the red after four straight sessions in positive territory.
The benchmark Straits Times Index (STI) closed 10.43 points lower at 2,650.48 points.
Tokyo, Hong Kong and South Korea were among other key Asian markets that finished in the red. Hong Kong moved in and out of positive territory, but closed … more




