Wednesday, March 12, 2014

Epic Research Singapore : Forex Market Update



The dollar weakened against the Japanese yen, slamming Japanese stocks, while the Australian dollar lost further against the greenback as the copper price lacked momentum amid China growth worries.
The dollar USDJPY -0.26%   fell further to ¥102.81, from ¥102.95 late Tuesday, after Japanese consumer confidence dropped for the third straight month in February, according to a survey from the Cabinet Office on Wednesday.
The British pound GBPUSD -0.10%   edged lower to $1.6606, from $1.6616. 
The euro EURUSD +0.04%   dropped to $1.3853, from $1.3860 late Tuesday
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