Tuesday, June 23, 2015

Forex Market Update : Epic Research Singapore

The euro weakened against the U.S. dollar in afternoon trading on Monday, but held on to gains against the pound and the Japanese yen.

The shared currency EURUSD, -0.5908%   fluctuated wildly during the session, moving between a session high of $1.1411 and a session low of $1.1312. It ended the day at $1.1356, about even with its level from late Friday in New York.

The common currency rose against the yen EURJPY, -0.36%  to ¥139.84, from ¥139.31 late Friday in New York.

The euro EURGBP, -0.2930%  also traded slightly higher against the pound, rising to 71.65 pence, from 71.50 pence on Friday.

Elsewhere, the ICE U.S. Dollar Index DXY, +0.50% a measure of the buck’s strength against a basket of currencies, was up 0.3% to 94.3880. The dollar traded higher against the pound GBPUSD, -0.3033%  and the yen USDJPY, +0.22%


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