The euro strengthened against the dollar Tuesday after strong readings on trade and economic growth in the eurozone helped support the shared European currency.After weakening against the dollar early in the session, the euro currency EURUSD, -0.2856% strengthened in afternoon trade to buy $1.1201 late Tuesday in New York, up 0.3% from its value in the prior session.
The Turkish lira USDTRY, -0.4284% was up 0.7% to 3.01 lira to the dollar; the Brazilian real USDBRL, -0.0471% rose 0.6% to 3.82 to the dollar, while the South African rand USDZAR, -0.9931% rose 1.7% to 13.71 rand to the dollar.
Meanwhile, the dollar USDJPY, +0.45% rose 0.4% from its late Monday level to ¥119.92 in late Tuesday trade in New York. The dollar-yen pair has become a widely watched gauge of the market’s risk appetite in recent weeks, with the yen behaving like a haven asset.
The WSJ Dollar Index BUXX, +0.08% a measure of the dollar against a basket of major curr
encies, was down 0.4% at 88.62.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment