Friday, April 4, 2014

Epic Research Singapore : Forex Market Update

The euro feel against the pound EURGBP +0.0097% , to £0.8266, a 0.2% loss from the prior day, according to FactSet. 


The dollar USDJPY -0.0290%   rose to ¥103.93 from ¥103.77 late Wednesday. The dollar pushed above ¥104 earlier. Richard Perry, market analyst at Hantec Markets, said in a note that after the dollar broke above the key resistance at ¥103.75, the next key resistance is not until ¥104.83, a key high in January.  

The dollar USDBRL -0.0920%  rose 0.5% to 2.2815 Brazilian real USDBRL -0.0920%

The pound GBPUSD -0.0558%  dropped to $1.6599 from $1.6624 late Wednesday, while the Australian dollar AUDUSD +0.0348%  fell to 92.32 U.S. cents from 92.42 U.S. cents.
 

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