Wednesday, May 14, 2014

Epic Research Singapore : Forex Market Update

The ICE dollar index DXY -0.10% , which measures the greenback against six rivals, rose to 80.118 from 79.890 late Monday. The euro makes more than 50% of the basket. The WSJ Dollar Index XX:BUXX -0.15% , an alternate gauge of dollar strength, rose to 73.00 from 72.89. 
U.S. retail sales inched up 0.1% in April versus a revised 1.5% gain in March. Economists had expected a seasonally adjusted increase of 0.4% last month, according to a MarketWatch poll.

The dollar USDJPY -0.12%  moved up to ¥102.26 from ¥102.13 late Monday. 


In other action, the British pound GBPUSD +0.20%  fell to $1.6829 from $1.6869 late Monday. The Australian dollar AUDUSD +0.46%  was at 93.56 U.S. cents versus 93.61 U.S. cents.




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