Tuesday, March 4, 2014

Epic Research Singapore : Forex Market Update

The dollar pushed higher against major rivals Monday after a round of better-than-expected U.S. data, but remained at a one-month low against the yen as tensions continued to flare up between Ukraine and Russia.

The dollar USDJPY +0.37%  fell to ¥101.39 from ¥101.85 late Friday, trading at its lowest level in one month. U.S. and European stocks dropped, Treasurys gained and gold futures rose more than 2%.

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