Saturday, April 26, 2014

Epic Research Singapore : Forex Market Update

The dollar rose to a more-than one-week high against the Russian ruble on Friday as tensions between Russia and Ukraine escalated.  
The dollar USDRUB +0.69%  rose to 36.032 rubles from 35.776 rubles late Thursday to trade at its highest level since April 15.

The dollar USDJPY -0.16%  fell to ¥102.14 from ¥102.30 late Thursday, in line with lower U.S. yields. Lower yields have been the “primary source of pressure” on the yen this week,

The euro EURUSD +0.01%  was little changed at $1.3836 versus $1.3832 late Thursday. The Australian dollar AUDUSD +0.08%  inched up 92.69 U.S. cents from 92.64 U.S. cents.

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