Friday, May 23, 2014

Epic Research Singapore : Forex Market Update

The euro EURUSD -0.05%  fell to $1.3654 from $1.3683 late Wednesday.  

The British pound GBPUSD -0.01%  declined to $1.6869 from $1.6899 in the prior session.  Investors also paid attention to a surprisingly strong report on Chinese manufacturing. HSBC’s Chinese preliminary purchasing managers index in May rose to 49.7 from 48.1 in April, hovering just under the 50 level separating expansion from contraction.

The Australian dollar AUDUSD +0.15%  was at 92.24 U.S. cents versus 92.34 U.S. cents. 



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