Singapore shares open higher on Friday

SINGAPORE share prices opened higher on Friday, following gains on Wall Street on Thursday.The benchmark Straits Times Index edged up 9.14 points or 0.32 per cent to 2,846.12 at 9.02am.Some 44.2 million shares worth S$49.4...

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US dollar drops after Fed minutes dampen hike expectations

The US dollar dropped Thursday as records from the Federal Reserve's last meeting dampened hopes of an imminent US interest rate hike. Minutes from the US central bank's July gathering said policymakers were keeping...

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I-FOREX UPDATE of 10th AUG'2016 BY EPIC RESEARCH

EUR/USD is currently trading with a bearish bias. Yesterday, Euro dropped sharply butcould not close below 1.1073. The level 1.1073 is a key short term support level and willrequire a bit of bearish pressure to break...

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Stocks to watch: A-Reit, OUE H-T, OKP, China Star

AFTER oil weakness led a Wall Street retreat overnight, trading here is expected to stay muted, except for certain rotational plays. Counters that may see some active trade on Tuesday morning include Ascendas Real Estate Investment Trust (A-Reit), OUE Hospitality Trust (OUE H-T), OKP and China Star Food Group. Ascendas Real Estate Investment Trust:...

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Forex Market Update : Epic Research Singapore

The British pound logged Friday its first weekly gain in three weeks, as investors tempered worries that the U.K. might leave the European Union in next week’s referendum when both sides temporarily suspended their campaigns...

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Forex Market Update : Epic Research Singapore

The euro weakened against the dollar Thursday, but its decline was limited as European Central Bank President Mario Draghi expressed confidence that the central bank’s stimulus efforts would soon pay off. As was widely...

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Forex Market Update : Epic Research Singapore

The dollar dropped against the yen on Wednesday after Japanese Prime Minister Shinzo Abe surprised markets during the Asia trading session by announcing that he would delay a planned sales-tax hike by 2½ years. The delay...

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Forex Market Update : Epic Research Singapore

The dollar advanced to a one-month high against the yen on n Monday, tracking its weekend gains after U.S. Federal Reserve Chairwoman Janet Yellen signaled an interest-rate rise was likely coming soon. The dollar USDJPY,...

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Forex Market Update : Epic Research Singapore

The dollar extended gains Friday after Federal Reserve Chairwoman Janet Yellen said an interest-rate increase may be coming in a matter of “months,” if the economy continues to improve. Her comments boosted the greenback,...

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Forex Market Update : Epic Research Singapore

The dollar finished flat against its main rivals Tuesday after a key gauge of U.S. inflation showed prices continued to rise in April. The consumer-price index, a widely watched gauge of inflation pressures in the U.S.,...

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Forex Market Update : Epic Research Singapore

The dollar weakened Monday against the euro and a host of other rivals after Federal Reserve data showed a decline in New York-area manufacturing activity. The euro EURUSD, +0.0000%  rose to $1.1319 late Monday...

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Forex Market Update : Epic Research Singapore

A key gauge of the dollar’s strength on Wednesday logged its first daily drop in six sessions as the buck weakened against the euro and yen. The ICE U.S. Dollar index DXY, +0.03% a measure of the dollar’s strength against...

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Forex Market Update : Epic Research Singapore

The dollar rose Tuesday to its highest level against the yen in two weeks after Japan’s finance minister said warnings from U.S. Treasury officials wouldn’t stop Japan from trying to weaken its currency by selling yen...

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Forex Market Update : Epic Research Singapore

The U.S. dollar shrugged off a number of mixed economic reports, including a weaker-than-expected private-sector employment data, and rose for a second day against its main rivals Wednesday. A report on private-sector...

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Forex Market Update : Epic Research Singapore

After briefly touching its highest level in more than a week, the euro slipped into negative territory against the dollar Thursday as European Central Bank President Mario Draghi left investors with few reasons to be...

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Forex Market Update : Epic Research Singapore

The U.S. dollar weakened Tuesday against the euro, pound and commodity-linked rivals like the Canadian dollar as oil prices rose and weak housing data dialed back expectations for the pace of Federal Reserve interest...

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Forex Market Update : Epic Research Singapore

The dollar halted a multisession advance against the euro on Thursday, a breather after the buck and U.S. stocks rallied sharply earlier in the week. The shared currency EURUSD, -0.0621%  traded at $1.1270 late...

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Forex Market Update : Epic Research Singapore

After falling to a nearly 18-month low against the yen earlier in the week, the dollar’s Friday gain snapped a five-day losing streak. The buck still managed to log its largest weekly drop against the Japanese currency...

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Forex Market Update : Epic Research Singapore

The dollar logged its worst quarterly performance in years as the Federal Reserve slowed the expected pace of interest rate hikes, citing worries about the potential domestic im pact of anemic growth abroad. The ICE...

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Forex Market Update : Epic Research Singapore

The dollar weakened Wednesday against nearly all of its developed and emerging-market rivals after Federal Reserve Chairwoman Janet Yellen expressed a cautious approach to raising interest rates. Investors interpreted...

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