Tuesday, June 10, 2014

Forex Market Update : Epic Research Singapore

The dollar on Monday rose against the pound and euro, pushing the shared currency to a four-month low.

The euro EURUSD -0.04%   fell to $1.3593 from $1.3641 late Friday, hitting the lowest level since Feb. 12.

The ICE dollar index DXY -0.01%  , a gauge of the greenback’s strength against six rivals, rose to 80.624 from 80.425 late Friday. The WSJ Dollar Index XX:BUXX -0.03%  , which pits the dollar against a wider basket of rivals, rose to 73.33 from 73.24.

The pound GBPUSD +0.02%   inched down to $1.6802 from $1.6808 in the prior session. The dollar USDJPY -0.20%   was unchanged at ¥102.52 from late Friday.

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