Forex Market Update : Epic Research Singapore

The euro rose Monday as bargain hunters swooped in after a heavy bout of selling left the shared currency at a more than two-year low Friday.
The euro EURUSD, -0.20%  traded at $1.2560 Monday, up from Friday’s lows.

The pound GBPUSD, -0.10%   traded at $1.6000 Monday, compared to $1.5970 Friday afternoon. Elsewhere in currencies trading, the euro EURGBP, -0.09% was slightly higher against the pound at £0.7853, compared to £0.7837 Friday.

The dollar extended declines against the pound that it recorded in the Asian market trading day, Falling to USDJPY, -0.06%   109.22 yen Monday, compared to ¥109.80 Friday.

The ICE U.S. Dollar Index DXY, +0.18% a measurement of the greenback’s strength against a basket of rival currencies,  fell to 86.2330 Monday, off a multi-year high of 86.6940 Friday.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg