Forex Market Update : Epic Research Singapore

The British pound GBPUSD -0.01% inched down to $1.6747 from $1.6762 late Friday. The Bank of England is scheduled to issue a decision on Thursday, with most economists expecting no change in policy. 

The Australian dollar AUDUSD +0.26%  dropped to 92.46 U.S. cents from 93.11 U.S. cents late Friday. Australian data released Monday showed the number of approved home-building permits dropped 5.6% in April from March. 

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