The euro recorded its largest gain against the dollar in six weeks Wednesday, shrugging off a statement from Federal Reserve policy makers that suggested an interest-rate increase in June remains a possibility.
One euro EURUSD, -0.22% was worth $1.1116 in recent trade, off a session high of $1.1188, and USDJPY, -0.31% ¥132.32, off a session high of ¥132.89, after the Fed statement. The euro traded at $1.0972 and ¥130.36 Tuesday afternoon.
One dollar USDJPY, -0.31% was worth ¥119.02 in recent trade, compared with ¥118.82 late Tuesday.
In other currency trading, the pound GBPUSD, -0.11% traded at $1.5436 after rising as high as $1.5490, the British currency’s highest level since late February.
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One euro EURUSD, -0.22% was worth $1.1116 in recent trade, off a session high of $1.1188, and USDJPY, -0.31% ¥132.32, off a session high of ¥132.89, after the Fed statement. The euro traded at $1.0972 and ¥130.36 Tuesday afternoon.
One dollar USDJPY, -0.31% was worth ¥119.02 in recent trade, compared with ¥118.82 late Tuesday.
In other currency trading, the pound GBPUSD, -0.11% traded at $1.5436 after rising as high as $1.5490, the British currency’s highest level since late February.
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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