Friday, July 4, 2014

Forex Market Update : Epic Research Singapore

The U.S. dollar strengthened against its rivals Thursday after a jobs report surpassed expectations, but stopped short of a sharp move higher as traders said the data weren’t strong enough to shift monetary policy expectations.

The greenback bought 102.21 Japanese yen USDJPY -0.11%   on Thursday, the most in over three weeks on a closing basis. That compares with ¥101.79 in the previous session, according to FactSet.

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