Friday, January 24, 2014

Epic Research Singapore : Forex Market Update

 The British pound GBPUSD -0.03%  , however, was little changed at $1.6635, after breaking above the $1.66 level for the first time since May 2011.

But the Australian dollar AUDUSD -0.68% couldn’t shake off its 1.1% fall on Thursday, sitting unchanged at 87.64 U.S. cents. The Australian dollar was hit following the data from China, which is Australia’s largest export market.  

The euro EURUSD -0.08%  gave up some ground Friday, fetching $1.3682 compared with $1.3691, while the Swiss franc USDCHF +0.10%  eased as the dollar won back some of its prior-session decline to buy 0.8998 franc versus 0.89761 franc.

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