Friday, August 22, 2014

Forex Market Update : Epic Research Singapore

The U.S. dollar paused its forceful push higher on Thursday as investors bet that global central bankers will stick to their easy-money policies when they meet in Jackson Hole, Wyo.

The U.S. dollar USDJPY, -0.07% inched up to 103.81 Japanese yen on Thursday morning, from ¥103.76 late Wednesday.

The euro EURUSD, +0.02%  bought $1.3281, up from $1.3264 in the previous session. The British pound GBPUSD, +0.00%  was down slightly at $1.6585 from $1.6598.

The dollar index DXY, -0.03% which measures the greenback against a group of its rival currencies, slipped to 82.146, from 82.222.


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