The dollar pared its decline against the euro and yen Wednesday as oil prices rebounded and helped revive demand for risky assets like stocks.
The ICE U.S. dollar index DXY, +0.05% a measure of the buck’s strength against a basket of six rivals, was flat at 97.4840 late Wednesday in New York. The index declined steadily as the session wore on after briefly touching a three-week high around 7 a.m. Eastern.
The euro was down 0.1% at $1.1008 late Wednesday in New York EURUSD, +0.0817% compared with $1.1016 late Tuesday. The dollar USDJPY, +0.12% strengthened 0.1% to ¥112.05, from ¥111.9720 Tuesday.
The pound GBPUSD, +0.0287% fell to a seven-year low early in the session, but trimmed its decline to $1.3942 by late Wednesday, compared with $1.4009 late Tuesday.
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The ICE U.S. dollar index DXY, +0.05% a measure of the buck’s strength against a basket of six rivals, was flat at 97.4840 late Wednesday in New York. The index declined steadily as the session wore on after briefly touching a three-week high around 7 a.m. Eastern.
The euro was down 0.1% at $1.1008 late Wednesday in New York EURUSD, +0.0817% compared with $1.1016 late Tuesday. The dollar USDJPY, +0.12% strengthened 0.1% to ¥112.05, from ¥111.9720 Tuesday.
The pound GBPUSD, +0.0287% fell to a seven-year low early in the session, but trimmed its decline to $1.3942 by late Wednesday, compared with $1.4009 late Tuesday.
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





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