Wednesday, June 11, 2014

Forex Market Update : Epic Research Singapore

The dollar rose against the euro Tuesday as investors continued to react to the European Central Bank’s decision to cut interest rates and inject liquidity into the euro zone as it seeks to revive the region’s low inflation.

The euro EURUSD -0.11%   fell to $1.3548 from $1.3593 late Monday. That’s the lowest level since Feb. 5.

The dollar USDJPY -0.08%   fell to 102.33 yen from ¥102.52 late Monday.

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