Wednesday, July 15, 2015

Forex Market Update : Epic Research Singapore

The dollar fell against nearly all of its main rivals Tuesday after U.S. retail sales declined in June for the first time in four months.

The euro EURUSD, -0.0545%  finished the session flat at $1.1003, little-changed from its levels late Monday in New York. The dollar USDJPY, +0.03%  weakened to 123.37 yen from ¥123.54 late Friday.

The ICE U.S. Dollar Index DXY, +0.09% a measure of the dollar’s strength against a basket of six rival currencies, fell 0.2% to 96.67.

The pound GBPUSD, +0.0512%  jumped to $1.5626, from $1.5487 late Monday after the remarks and
the weak U.S. sales report.

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