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View Full Version : Philippine Peso Touches 11-Week High on Fed Easing Speculation - Bloomberg



NewsWhore
04-29-2012, 11:00 PM
Philippine Peso Touches 11-Week High on Fed Easing Speculation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFhW6cIYTtl7xyew8LFY9T8sRUdXQ&url=http://www.bloomberg.com/news/2012-04-30/philippine-peso-touches-11-week-high-on-fed-easing-speculation.html)
Bloomberg
“Asian currencies are going to be strong today,” said Vishnu Varathan, an economist at Mizuho Corporate Bank Ltd. in Singapore. “The markets are thinking the Fed will engage in more quantitative easing” after the softer-than expected gross domestic ...

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