Wednesday, April 15, 2015

Forex Market Update : Epic Research Singapore

The dollar declined against its rivals Tuesday after U.S. retail sales for March missed estimates.

The euro EURUSD, -0.29% briefly broke above $1.07 after the data, before settling around $1.0650. The single currency had traded at $1.0569 in the previous session.

The ICE dollar index DXY, +0.23% a measure of the dollar’s strength against a basket of six currencies, slipped to 98.80, compared with 99.51 on Monday.

The pound GBPUSD, -0.21% which hit a five-year low of $1.45655 Monday afternoon, rose to $1.4780 after the data. 

After the U.S. data, the dollar USDJPY, +0.23%  dropped to 119.47 yen, from ¥120.13 late Monday in New York.

The U.S. dollar USDSGD, +0.25%   traded at 1.3604 Singapore dollars, just above its lowest level in five days, compared with around 1.3720 early Tuesday.

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

0 comments:

Post a Comment