Forex Market Update : Epic Research Singapore

The U.S. dollar declined against the euro Friday, marking a third-straight week of declines. The dollar has fallen against the euro for seven sessions, its longest losing streak since December 2013.

Earlier in the session, the U.S. currency recovered from its lowest intraday level against the euro since late February, after a spate of mediocre reports on manufacturing activity were judged strong enough to justify selling euros to lock in profits from that currency’s recent rally ahead of the weekend.


The euro EURUSD, -0.21%  traded at $1.1212, after rising to its highest level since late February earlier in the session. It traded at $1.1214 Thursday. The pound GBPUSD, -1.37%  traded at $1.5151, compared with $1.5354. The dollar USDJPY, +0.67%  traded at ¥120.15, compared with ¥119.45.

The ICE U.S. Dollar Index DXY, +0.43% a measure of the dollar’s strength against a basket of six currencies, rose 0.6% to 95.1450.

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