Epic Research Singapore : Forex Market Update

The euro EURUSD -.00%  moved up to $1.3715 from $1.3703. Since European Central Bank President Mario Draghi said last week he would be “comfortable” easing further in June, contingent on that month’s updated ECB inflation forecasts, investors have wondered about what type of easing would be most likely. Read: ECB readying measures against low inflation.

The Australian dollar AUDUSD -.00%  rose to 93.79 U.S. cents from 93.56 U.S. cents in late trading Tuesday.

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