Wednesday, December 3, 2014

Forex Market Update : Epic Research Singapore

The ICE U.S. Dollar Index reached its highest level since March 2009 Tuesday as global economic data highlighted the increasing disparity between growth in the U.S. and elsewhere.

The dollar Index DXY, -0.03% a measure of the greenback’s strength against a basket of six currencies, was up 0.76% to 88.6150.

It EURUSD, +0.02%  traded at $1.2360, compared to $1.2475 Monday.

The dollar USDRUB, +0.04% traded as high as 54.1820 rubles Tuesday, compared to 51.1995 rubles late Monday.

The pound GBPUSD, +0.06%  traded at $1.5653 Tuesday, compared to $1.5737 late Monday.

The dollar USDJPY, -0.02%  hit a fresh seven-year high against the yen Tuesday, reversing a week of losses to trade at 119.21 yen, compared to 118.27 yen late Monday.

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