Saturday, February 8, 2014

Epic Research Singapore : Forex Market Update

The dollar rose against the yen Friday but fell against the euro, as investors grappled with data showing the U.S. economy added fewer jobs than expected in January and what that data means for the Federal Reserve’s removal of monetary stimulus.
For the week, the euro rose 1.1% against the greenback. One of the biggest moves came from the Australian dollar, which jumped 2.4% against the U.S. unit.

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