The euro fell against major currencies Friday after European Central Bank President Mario Draghi suggested further stimulus measures could be deployed to fight low inflation in the eurozone economy.The euro weakened EURUSD, -0.8198% 0.7% to trade at $1.0645 from $1.0723 in late trade Thursday, its lowest levels since April. Over the week, the single currency fell 0.6%, continuing its slide against the dollar.
In the dollar-yen pair, the dollar USDJPY, -0.05% was at ¥122.887 after briefly hitting as high as ¥123.06 earlier Friday. That compared with ¥122.891 late Thursday in New York. The pair was largely unchanged over the week.
In other currency trade, the Australian dollar AUDJPY, +0.55% was higher against the yen after hitting a one-month high of ¥88.905 from ¥88.345.
The ICE U.S. Dollar Index DXY, +0.61% a measure of the dollar against a basket of major currencies, was up 0.6% at 99.592 and gained 0.8% over the week.
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