Monday, April 13, 2015

Forex Market Update : Epic Research Singapore

The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such as China and Japan.

The Chinese data weighed the Australian dollar, pushing the commodity-linked currency AUDUSD, -1.37%  to US$0.7589 from around US$0.7680 late Friday in New York.

The euro EURUSD, -0.24%  fell to $1.0592 from $1.0606 late Friday and was at EURJPY, +0.04%   ¥127.62, compared with ¥127.58, according to EBS. The dollar USDJPY, +0.32%  was at ¥120.46 from ¥120.30.

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