UK pound is paring earlier losses against the US dollar right now, thanks to positive data in the United States, and a return to some level of risk appetite. Manufacturing improved more than expected, and US stocks are gaining right now, lending support to the sterling.

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The South Korean won climbed today as trade balance of South Korea posted a surplus and Moody’s Investors Service improved outlook for the nation’s economy to positive.(...)
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Euro is lower today, dropping as speculation arises regarding the eurozone economy, and the possibility of recession. Manufacturing in the 17-nation currency zone has contracted for the eighth month in a row, and unemployment is at a level not seen for 14 years.

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The Chinese yuan gained today as a government report showed that China’s manufacturing is expanding, reducing concerns about the slowdown in the Asian nation and leading to the speculation that the nation’s policy makers will allow the currency to appreciate.(...)
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