Friday, February 21, 2014

Epic Research Singapore : Forex Market Update

The U.S. dollar gained against many of its rivals Thursday, despite mixed data that raised questions about economic growth, as investors took on more risk and ditched safer assets.
After the data, the ICE dollar index DXY +0.05% , which tracks the U.S. unit against six other currencies, was at 80.280, up from 80.191 late Wednesday. The WSJ Dollar index XX:BUXX +0.08% , an alternate gauge of the greenback’s strength against a broader basket of rival currencies, inched higher to 73.65 from 73.62.

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