Tuesday, January 7, 2014

Epic Research Singapore : Forex Market Update

The dollar USDJPY +0.18%  fell to ¥104.17 from ¥104.77 late Friday. A firmer yen tends to weigh on Japanese exporters, and Japanese equities, as gauged by the Nikkei Average JP:NIK -0.65% , marked their first trading session of the year by dropping more than 2%.

The Australian dollar AUDUSD -0.42%  edged up to 89.65 U.S. cents from Friday’s level of 89.44 U.S. cents.  


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