The dollar strengthened against the yen Thursday after official U.S. data showed factories did brisk business in January, confirming earlier signs that manufacturing has begun to recover after a disappointing fourth quarter.
The greenback USDJPY, -0.08% traded at ¥112.80 late Thursday in New York, from ¥111.95 late Wednesday in New York, reversing a drop from earlier in the day. The euro EURUSD, +0.2995% traded at $1.1039 Thursday, compared with $1.1014 Wednesday.
The ICE U.S. Dollar index DXY, -0.20% a measure of the dollar’s strength against a basket of currencies, was down 0.1% at 97.4080 after rising earlier in the session
After dropping to a seven-year low earlier in the week, the pound GBPUSD, +0.1504% recovered Thursday as fears about the U.K. exiting the eurozone waned. The British currency was up slightly against both the euro and the dollar, recently trading at $1.3978 and 78.89 pence to the euro. It traded at $1.3926 and 79.10 pence late Wednesday.
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The greenback USDJPY, -0.08% traded at ¥112.80 late Thursday in New York, from ¥111.95 late Wednesday in New York, reversing a drop from earlier in the day. The euro EURUSD, +0.2995% traded at $1.1039 Thursday, compared with $1.1014 Wednesday.
The ICE U.S. Dollar index DXY, -0.20% a measure of the dollar’s strength against a basket of currencies, was down 0.1% at 97.4080 after rising earlier in the session
After dropping to a seven-year low earlier in the week, the pound GBPUSD, +0.1504% recovered Thursday as fears about the U.K. exiting the eurozone waned. The British currency was up slightly against both the euro and the dollar, recently trading at $1.3978 and 78.89 pence to the euro. It traded at $1.3926 and 79.10 pence late Wednesday.
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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