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Asian currencies brush aside concerns over cyber attack, North Korea threats (news: 15/05/17)

Today's press

  • Most Asian currencies edged up against the dollar on Monday, shrugging off threats from a ransomware attack that locked up more than 200,000 computers in more than 150 countries, and a missile test by North Korea.

  • The Canadian dollar hit its highest level in over two weeks and the Australian dollar hit a 12-day high on Monday as a bounce in oil prices drove a recovery in major commodity-linked currencies.

  • The naira has appreciated to 386 against the United States dollar as the Central Bank of Nigeria continues to supply dollars into the foreign exchange market.

  • Following the selloff in European stocks after Macron’s win on Monday, European markets rallied during Friday’s session as the Euro Stoxx 50, a stock index comprising of the fifty largest public companies in Europe, rose by more than half a percent to now stand at 3,268.55.

  • The dollar moved on a firmer note around ¥113.60 in Tokyo trading late Monday, thanks to news reports about an agreement between Saudi Arabia and Russia to extend crude oil production cuts.

Next trading day's important events

Forex quotes:

  • USDJPY: 113.56
  • EURUSD: 1.0984

Indices:

  • S&P 500: 2401.03
  • NASDAQ: 6140.24

 



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