Epic Research Singapore : Forex Market Update

The dollar dropped against the euro on Monday, but was up versus most major currencies, especially the Australian dollar, as China’s much weaker-than-expected trade data rocked regional markets.

 The euro EURUSD +0.01%   advanced against the dollar to $1.3897, from $1.3873 late Friday. Meanwhile, the dollar USDJPY +0.25%  rose versus the Japanese yen to ¥103.34, from Friday’s level of ¥103.28.

The ICE dollar index DXY +0.05% , a measure of dollar strength against six rivals, dropped a little to 79.68, from 79.714 late Friday. The WSJ dollar index XX:BUXX +0.11% , an alternate gauge that tracks the U.S. unit against a broader basket of currencies, edged higher to 73.43, from 73.40
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