Epic Research Singapore : Forex Market Update

The dollar retreated against most rival currencies on Tuesday, as investors bought risky assets again after reports said Russia is pulling back its troops near Ukraine’s border, in a sign that tensions may be easing between the two country.

The euro EURUSD +0.24%  edged higher against the dollar, up to $1.3753, from $1.3732 late Monday, while the British pound GBPUSD +0.11%   rose to $1.6700, from $1.6660 in the previous session. 

In other forex trading, the Aussie AUDUSD +0.19%   jumped to 89.55 U.S. cents from Monday’s level of 89.28 U.S. cents.
 
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