The U.S. dollar rose against most of its major rivals Friday, pushing the euro below $1.06 in a low-volume trading session.An overnight rout in Chinese equities, during which the Shanghai Composite Index SHCOMP, -5.48% recorded its biggest one-day drop since Aug. 25, pushed the yen lower. The dollar USDJPY, +0.20% traded at ¥122.82 in Friday afternoon New York trade, compared with ¥122.65 late Thursday in New York.
The euro EURUSD, -0.1602% traded at $1.0598 Friday afternoon in New York, compared with $1.0621 on Thursday. The U.S. Dollar Index DXY, +0.21% a measure of the dollar’s strength against a basket of six rival currencies, was up 0.2% at 100.03.
The euro EURJPY, +0.00% was at ¥130.16 Friday afternoon, compared with ¥130.35 late Thursday night.
The limited range of movement in the tU.S. dollar, the euro and the yen was in contrast to the Turkish lira’s USDTRY, +0.1198% slide this week. The lira has been on decline against the dollar since last Friday, when Turkey warned Russia that attacks on Syrian Turkmen villages could lead to “serious consequences.”
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