Monday, March 24, 2014

Epic Research Singapore : Forex Market Update

The U.S. dollar edged higher versus the Japanese yen and most major counterparts, while the Australian dollar and other risk-oriented currencies modestly outperformed. Traders shrugged off further signs of slowing Chinese growth and continued tensions over Russia’s annexation of the Crimea region.  


The U.S. unit fetched 102.48 yen USDJPY +0.2423% , up from ¥102.15 in North American trade late Friday.

The euro EURUSD -0.1625%  bought $1.3769, down from $1.3796

The Australian dollar AUDUSD +0.2572%  traded at 91.14 U.S. cents, up 0.3%.
 

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