Friday, October 10, 2014

Forex Market Update : Epic Research Singapore

The ICE U.S. Dollar Index recovered from a three-week low Thursday afternoon as the euro shed some of its earlier gains against the dollar on hints from European Central Bank President Mario Draghi that ”unconventional measures” may be employed to spur flagging European economic growth.

The pound GBPUSD, +0.04%  was flat against the dollar, trading at $1.6118, compared to $1.6165 late Wednesday.

The dollar USDJPY, -0.03%   remained lower against the yen, trading at 107.84 yen Thursday afternoon, compared to ¥108.11 late Wednesday.

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