The ICE dollar index DXY, -0.04% a measure of the buck’s strength against a basket of six currencies, fell to 94.75 from 94.88 late Monday in New York.
Among emerging-market currencies, the dollar rose to 3.8360 Brazilian reais USDBRL, -0.0976% from 3.78 late Monday and climbed to 2.949 Turkish lira USDTRY, +0.0068% from 2.924 late Monday.
The news strengthened the yen, as the weak Chinese trade data prompted investors to buy the perceived safety of the Japanese currency. The dollar USDJPY, -0.06% traded at ¥119.75, compared with ¥120.00 late Monday in New York.
Among other currencies, the British pound GBPUSD, +0.2230% dropped to $1.5255, down from $1.5347 late Monday in New York, after data showed U.K. inflation turned negative in September.
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