Epic Research Singapore : Forex Market Update

In other market action, the British pound GBPUSD +0.01%  rose to $1.622 from $1.6212 Tuesday before a second estimate of third-quarter gross domestic product was due to be released. The Office for National Statistics last month had a preliminary estimate of 0.8% growth compared with the second quarter, the fastest rate of growth in more than three years.

The dollar USDJPY +0.31%   rose to ¥101.55 from ¥101.24, picking up strength during Asian trade Wednesday, while the Australian dollar AUDUSD +0.11%  held steady at 91.26 U.S. cents.  

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