Tuesday, March 24, 2015

Forex Market Update : Epic Research Singapore

The dollar traded lower against its rivals Monday after recording its largest weekly percentage decline against the euro since October 2011.

The euro EURUSD, -0.24%  traded at $1.0945, its highest end-of-session level against the buck in three weeks, compared with $1.0821 Friday evening.

The dollar USDJPY, -0.04%  traded at 119.72 yen, its lowest level against the Japanese currency in nearly a month. It traded at 120.04 Friday.

The ICE U.S. Dollar Index DXY, +0.29% a measure of the buck’s strength against a basket of six rival currencies, was about 1% to 97.0000.

The pound GBPUSD, -0.11%  traded at $1.4953, compared with $1.4953 Friday. Meanwhile, one euro traded at 73.20 pence, compared with 72.36 pence Friday.

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