Wednesday, July 9, 2014

Forex Market Update : Epic Research Singapore

The euro and pound rebounded from earlier losses against the U.S. dollar to end little changed Tuesday, as investors remain cautious of buying the greenback given its inability to show a sustainable rally.

The ICE dollar index DXY -.00%  , which measures the U.S. currency against a basket of its rivals, finished the day down slightly at 80.176 from 80.227 on Monday.

The pound GBPUSD +0.01%   closed at $1.7132 Tuesday, compared with $1.7134 on Monday.

The dollar slipped against the yen USDJPY +0.02%  , trading at ¥101.57 from ¥101.82 on Monday. The Australian dollar AUDUSD -0.06%   was trading at 93.99 U.S. cents, up from 93.58 U.S. cents, 

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