Tuesday, April 1, 2014

Epic Research Singapore : Forex Market Update

The British pound fell against the dollar on Tuesday, weighed by data showing a weaker-than-expected purchasing managers index, while the euro was moving closer to $1.38 on data showing the euro zone is recovering.



The pound GBPUSD -0.14% was trading at $1.6645, down from $1.6666 seen late Monday. Sterling had reached a session high of $1.6675, but fell off that after data was released showing the U.K. manufacturing sector grew at a healthy clip in March.

The euro EURUSD +0.14%  was pushing higher against the dollar, inching ever closer to that $1.38 level. The euro last changed hands at $1.3795, up from $1.3777 late Monday, getting a push higher after data showed the euro-zone manufacturing PMI for March was confirmed at 53, lower than 53.2 seen in February. 

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

0 comments:

Post a Comment