Wednesday, April 2, 2014

Epic Research Singapore : Forex Market Update

The Australian dollar AUDUSD -0.1117%  fell to 92.45 U.S. cents from 92.73 U.S. cents late Monday. The Reserve Bank of Australia held policy steady and RBA Gov. Glenn Stevens made specific references to the currency’s strength.

The pound GBPUSD -0.0015% fell to $1.6631 from $1.6666 late Monday. Data released Tuesday showed the U.K. manufacturing sector in March.

The euro EURUSD +0.0830% rose to $1.3794 from $1.3777 late Monday. Euro-zone manufacturing PMI for March was unchanged at 53, down from 53.2 seen in February.

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