Friday, April 10, 2015

Forex Market Update : Epic Research Singapore

The euro fell Thursday to its lowest level against the dollar in three weeks after a strong jobless-claims report.

The euro EURUSD, +0.19%  fell to $1.0656, its lowest level since March 19. The single currency traded at $1.0780 Wednesday evening.

The buck USDJPY, -0.04%  traded at 120.61 yen, compared with ¥120.15 Wednesday. The pound GBPUSD, +0.02%  traded at $1.4710, compared with $1.4874 Wednesday, after the Bank of England made no changes to monetary policy at its meeting Thursday.

The Hong Kong dollar USDHKD, +0.00%  traded at 7.7501 to the dollar Thursday, little-changed from a day ago.

The ICE U.S. Dollar Index DXY, -0.09% a measure of the dollar’s strength against a basket of six currencies, rose 1% to 98.9110.

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