Tuesday, November 24, 2015

Forex Market Update : Epic Research Singapore

The dollar rose to its highest level against the euro since mid-April Monday after hawkish comments from San Francisco Federal Reserve President John Williams over the weekend reiterated the case for raising interest rates in December.

The euro EURUSD, +0.0094%  traded at $1.0626 late Monday, compared with $1.0649 late Friday in New York. The shared currency traded as low as $1.0593 early in the session, its lowest level since mid-April, according to FactSet data.

The ICE U.S. Dollar Index DXY, -0.08% a measure of the dollar’s strength against a basket of six rival currencies, rose 0.2% to 99.7880.

The British pound GBPUSD, +0.0793%  traded at $1.5110 late Monday, its weakest level in two weeks. That’s compared with $1.5192 late Friday.

The dollar USDJPY, -0.06% rose to ¥122.88, compared with ¥122.77 late Friday

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