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Friday, August 29, 2014

Forex Market Update : Epic Research Singapore

The euro fell against the dollar, yen and pound Thursday on data showing accelerating deflation in Spain and renewed conflict between Russia and Ukraine.

The euro EURUSD, -0.01% traded at $1.3165 Thursday, down from $1.3192 late Wednesday. The euro EURJPY, +0.03%  traded at 136.68 yen, down from ¥137.07 late Wednesday. It traded EURGBP, -0.02%  at 0.7947 pounds, down from 0.7960 pounds late Wednesday.

The dollar remained lower against the yen, New Zealand dollar NZDUSD, -0.20% Australian dollar AUDUSD, -0.07%  and Canadian dollar CADUSD, +0.00%  early in the U.S. session.

The ICE U.S. Dollar index, BUXX, +0.04% a measure of the dollar against a basket of six rival currencies, was up 0.08% to 82.52.

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