Increased pressure on euro zone officials to solve the sovereign debt crisis prompted the Japanese yen and the U.S. dollar to drop in value as global stocks rallied following officials' efforts to address the crisis and prevent the contagion from further spreading, according to Bloomberg. Three currencies that advanced against the world's reserve currency are… Read more.
South Korean Won
Fears about escalating tensions between North and South Korea sent the price of wheat futures plunging the most in the past seven days, Bloomberg reports. South Korea was the world's fifth-biggest importer of the U.S.' fourth biggest crop, but after North Korea launched artillery shells on Monday over the border and killed two South Korean… Read more.