Tuesday, January 14, 2014

Epic Research Singapore : Forex Market Update

The dollar USDJPY +0.3506% weakened to ¥102.91 from late Friday’s ¥104.08. That’s the lowest level since Dec. 17th’s ¥102.62, according to FactSet data.

The euro EURUSD -0.08% was little-changed at $1.3670 from late Friday’s level around $1.3667. The British pound GBPUSD -0.01% dropped to $1.6385 from $1.6481 late Friday.

Meanwhile, the Australian dollar AUDUSD -0.27% rose to 90.60 U.S. cents from 89.95 U.S. cents on Friday, extending last week’s gain of 0.6% against the dollar. A report on Australia’s employment for December is due on Thursday.


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