Saturday, April 25, 2015

Forex Market Update : Epic Research Singapore

The dollar slumped against the euro Friday, hitting a two-week low against the common currency and maintaining a weekly loss.

The euro EURUSD, +0.44%  was up 0.5% to $1.0869 and showed a weekly gain of 0.6%, according to FactSet data.

Meanwhile, the ICE dollar index DXY, -0.46% a measure of the dollar against a basket of major currencies, was down 0.4% at 96.91. It showed a weekly decline of nearly 0.6%.

The dollar USDJPY, -0.51%  was down 0.6% against the yet to ¥118.88, eyeing a weekly dip of less than 0.1%.

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