Saturday, May 10, 2014

Epic Research Singapore : Forex Market Update

The dollar gained against a number of its rivals on Friday. The ICE dollar index DXY +0.54%  climbed to 79.878 from 79.433 late Thursday. The index measures the U.S. currencies versus a group of six rivals. 

The WSJ Dollar Index XX:BUXX +0.37% , which also measures the dollar’s strength, rose to 72.85 from 72.56 on Thursday.
Against the Japanese yen USDJPY +0.1977% , the dollar climbed to ¥101.81 from ¥101.57 on Thursday. 

The British pound GBPUSD -0.4810% slid against the dollar to $1.6848 from $1.6932. The Bank of England opted not to change its interest rates or bond-buying program after its meeting on Thursday.
The Australian dollar AUDUSD -0.1534% also fell to 93.58 U.S. cents from 93.73 cents.

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