Saturday, May 10, 2014

Epic Research Singapore : Forex Market Update

The euro slid against the dollar on Friday, dropping through the $1.38 threshold to its lowest level in a month as traders continued to react to the dovish tone of the European Central Bank on Thursday.

The euro EURUSD -0.5904%  traded at $1.3755 on Friday, down nearly a full cent from $1.3851 late Thursday. The last time the euro was lower on a closing basis was April 7. The currency pair closed out the week down 0.8%.







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