The U.S. dollar finished the week 2.1% lower against the euro on Friday, its largest weekly loss against the single currency in four weeks, as a bevy of weak U.S. economic data caused traders to rethink the timing of what would be the first increase to the fed funds rate since 2006.
The euro EURUSD, +0.42% traded at $1.0809, compared with $1.0769 Thursday. The dollar USDJPY, -0.07% also recorded its largest weekly decline against the yen in four weeks, trading at ¥118.90 yen Friday afternoon, compared with ¥118.98 late Thursday in New York.
The loonie CADUSD, -0.45% traded at 81.69 cents, its highest level in nearly three months, compared with 81.97 cents Thursday.
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The euro EURUSD, +0.42% traded at $1.0809, compared with $1.0769 Thursday. The dollar USDJPY, -0.07% also recorded its largest weekly decline against the yen in four weeks, trading at ¥118.90 yen Friday afternoon, compared with ¥118.98 late Thursday in New York.
The loonie CADUSD, -0.45% traded at 81.69 cents, its highest level in nearly three months, compared with 81.97 cents Thursday.
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
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