Epic Research Singapore : Forex Market Update

The pound GBPUSD +0.01%  rose to $1.6829 from $1.6809 late Monday. The pound earlier had pared gains after a reading on economic growth missed expectations. The U.K. economy grew by 0.8% in the first quarter for a year-over-year increase of 3.1%.

In other trade, the dollar USDJPY -0.26%  moved up to ¥102.63 from ¥102.46 late Monday. Japanese markets were closed for a holiday. The Australian dollar AUDUSD +0.19% inched up to 92.68 U.S. cents from 92.59 U.S. cents. 




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