Forex Market Update : Epic Research Singapore

The euro fell to an eight-month low against the dollar Tuesday, its lowest level since the European Central Bank surprised the market with a 25 basis point rate cut in November 2013.

The euro EURUSD -0.01%   was trading at $1.3467 Tuesday, down from $1.3524 late Monday.
The pound GBPUSD +0.02%   was at $1.7060 against the dollar, down from $1.7072 late Monday.


The dollar USDKRW -0.10%   bought 1024.0300 South Korean won Tuesday, down from 1027.0300 won Monday night. The Australian dollar AUDUSD +0.42%   rose to 93.94 cents, up from 93.65 cents Monday. The dollar USDBRL -.00%   was also down against the Brazilian real, trading at 2.2104 real Tuesday, down from 2.2212 real Monday evening.

The WSJ Dollar Index XX:BUXX -0.07%  , a measure of the dollar against a basket of major currencies, was unchanged at 73.10.

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