Wednesday, September 3, 2014

Forex Market Update : Epic Research Singapore

The U.S. dollar traded near its 2014 high against the yen after strong U.S. manufacturing data supported bets that the U.S. economy is healthier than that of other major developed rivals.

The dollar USDJPY, +0.12%  traded at 105.11 yen Tuesday, just below the year’s high of ¥105.33. 


The pound GBPUSD, -0.09%  slumped, trading at $1.6473, down from 1.6612 Monday.

The euro EURUSD, -0.07%   traded at $1.3132 Tuesday, about even with $1.3131 Monday.

The euro EURGBP, +0.04%  moved up against the pound Tuesday. It traded at £0.7972, from £0.7904 Monday.

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