Saturday, March 22, 2014

Epic Research Singapore : Forex Market Update

The U.S. dollar edged lower against the Japanese yen and euro Friday, but notched a weekly gain as traders continued to focus on a Federal Reserve meeting that left markets anticipating earlier policy rate hikes than initially expected.

Against the yen USDJPY -0.0965% , the dollar slipped to ¥102.15 from ¥102.39 late Thursday, but gained 0.9% this week.

The euro EURUSD +0.1002%  rose to $1.3796, from $1.3781 Thursday. Nonetheless, it fell 0.9% on the week

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