Thursday, March 27, 2014

Epic Research Singapore : Forex Market Update

The euro was under pressure against the U.S. dollar Wednesday, dragged lower as European monetary policy officials indicated willingness toward supporting more stimulus measures to aid the regional economy.

The euro EURUSD -0.09%   traded at $1.3805, less than the $1.3827 that the shared currency bought late Tuesday.

The U.S. dollar USDJPY +0.10%  bought ¥102.30 versus ¥102.29, and the British pound GBPUSD -0.03%  edged up to $1.6581 from $1.6532. The Australian dollar AUDUSD +0.03%  rose to 92.23 U.S. cents from 91.66 U.S. cents. 
 
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