Epic Research Singapore : Forex Market Update

The dollar and the yen rose on Monday, as investors fled to safe-haven assets after Ukraine tensions escalated on Russia's military intervention and China's manufacturing PMI from HSBC slowed further. Tensions in Ukraine mounted as Russian troops took over the Crimean region, according to various media reports.
The euro EURUSD +0.08% declined to $1.3773 from $1.3806 late Friday, and the British pound GBPUSD +0.15% dropped to $1.6734 from $1.6742 in the prior session. Against the Japanese yen.



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