Monday, February 17, 2014

Epic Research Singapore : Forex Market Update

The dollar also edged lower against other rivals as investors digested mixed U.S. economic data released recently, including a 0.3% drop in industrial production, unchanged consumer sentiment in February, and an unexpected fall of 0.4% in retail sales in January, which has sparked some concerns that the U.S. economic recovery is losing steam.
The British pound GBPUSD +0.14%   advanced to $1.6790 from $1.6748 late Friday, and the euro EURUSD +0.07%   moved higher to $1.3710 from $1.3698.

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