Monday, June 2, 2014

Forex Market Update : Epic Research Singapore

The euro slipped against the dollar on Monday after weaker-than-expected euro-zone factory data added more pressure on the European Central Bank to ease policy at its meeting on Thursday. 

The euro EURUSD -0.20%  fell to $1.3606, from $1.3635 late Friday. The weakness came as the final reading on the manufacturing purchasing managers' index came in at 52.2, down from the flash estimate of 52.5.

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