Monday, May 5, 2014

Epic Research Singapore : Forex Market Update

The dollar gave up its gain against the yen Friday as the conflict in eastern Ukraine overshadowed U.S. employment data providing strong evidence that a labor-market recovery is underway.

The dollar USDJPY -0.10%   gave up earlier gains to trade at ¥102.22, down from ¥102.30 late Thursday. The greenback had pushed above ¥103 just after the jobs report was released.

The ICE dollar index DXY -0.01%  , a gauge of the greenback’s strength against six other currencies, moved down to 79.510 from 79.524 late Thursday. The WSJ dollar index XX:BUXX -0.05%  , another measure of dollar strength, was little-changed at 72.84 versus 72.85.

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