Tuesday, July 1, 2014

Forex Market Update : Epic Research Singapore

The dollar on Monday posted second-quarter losses against nearly all major rivals, with the exception of the euro.

The ICE dollar index DXY +0.05%  , which pits the greenback against six other currencies, fell to 79.784 from 80.0410. For the quarter, the index is down 0.4%. The WSJ Dollar Index XX:BUXX +0.02%  , a rival measure of the dollar’s strength, was at 72.60 versus 72.74.

The euro EURUSD -0.04%   rose to $1.3695 from $1.3630 late Friday. For the quarter, the euro has shed 0.6% against the dollar.The New Zealand dollar NZDUSD +0.09%   fell to 87.59 U.S. cents from 87.78 U.S. cents late Friday.The Australian dollar AUDUSD +0.15%  changed course and moved up slightly to 94.32 U.S. cents from 94.25 U.S. cents 

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