news paper icon

Analyzed News

S.Korea won up as dollar struggles globally, stocks flat

* Won "less likely to extend gains" -analyst * Foreign stock-selling continues SEOUL, April 4 (Reuters) - The South Korean won strengthened against the dollar on Monday as the greenback struggled to rebound despite better-than-expected U.S. jobs data. The won was quoted at 1,146.8 to the dollar, up 0.6 percent, compared with Friday's close of 1,154.2. "Further gains for the won are highly doubtful since investors are likely to start bargain-hunting if the currency goes beyond 1 [Source]

Publication Date:

Origin: us.feedsportal.com

Category: industrialsSector

Topics: dollar, likely, beyond, currency, bargain-hunting, start, investors, since, doubtful, highly, gains, "Further, close, Friday's, compared, percent, quoted, better-than-expected, despite, rebound, struggled, greenback, against, strengthened, Korean, South, (Reuters), April, SEOUL, continues, stock-selling, Foreign, -analyst, gains", extend, "less, stocks, globally, struggles, Korea

Source: http://reuters.us.feedsportal.com/c/35217/f/654235/s/4eb26bdd/sc/24/l/0L0Sreuters0N0Carticle0Csouthkorea0Emarkets0EidUSL3N17714E0DfeedType0FRSS0GfeedName0FindustrialsSector/story01.htm