Wednesday, October 29, 2014

Forex Market Update : Epic Research Singapore

The U.S. dollar climbed against the Japanese yen on Tuesday, but fell against the euro, after a round of mixed economic data. Investors are preparing to extract any clues on the state of the global markets out of the Federal Open Market Committee meetings.

The dollar USDJPY, -0.01%   was at ¥108.17, up from ¥107.82 late Monday. Meanwhile, the euro EURUSD, +0.02% was at $1.2737, up from $1.2699. The common currency EURJPY, -0.01%  was at ¥137.77, compared with ¥136.91.

The WSJ Dollar Index BUXX, -0.03% a measure of the dollar against a basket of major currencies, was down 0.2% at 77.39. Another such gauge, the ICE Dollar index DXY, -0.01%  , retreated to 85.404 from 85.548.

The British pound GBPUSD, +0.04%  edged up to $1.6137 from $1.6123 on Monday.


The Russian ruble USDRUB, +0.02%  , which has been hit hard by falling oil prices, slid to new all-time lows against the U.S. dollar and euro EUR.RUB, +0.62%   on Tuesday.

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