Tuesday, October 28, 2014

Forex Market Update : Epic Research Singapore

The dollar slipped against the Japanese yen Monday, ahead of crucial policy meetings of the Federal Open Market Committee and the Bank of Japan.

The dollar USDJPY, +0.05%  weakened to ¥107.77 from ¥108.16 late Friday in New York.

The euro EURUSD, +0.04%  was at $1.2701, from $1.2672. The shared currency EURJPY, +0.10%  was at ¥136.87, down from ¥137.02. The British pound GBPUSD, +0.04%   rose to $1.6123 from $1.6087 on Friday.

The WSJ Dollar Index BUXX, -0.02% a measure of the dollar against a basket of major currencies, was down 0.18% at 77.52. The U.S. Dollar index DXY, -0.05%   slipped to 85.548 from 85.701.

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