Dollar falls, but is still on track to finish the week higher

The dollar weakened slightly against most of its rivals on Thursday, but remained on track to finish the week with modest gains.

The ICE U.S. Dollar Index DXY, +0.04% a measure of the dollar’s strength against a basket of six rival currencies, was up 1.2% on the week to 95.1710.


The market was eerily placid, barely reacting as Greece and its creditors decided to put off negotiations on a deal to release Greek bailout funds until the weekend.

What little volatility there was occurred early in the session, when the euro abruptly fell to daily a low of $1.1153 after reports that a meeting of Eurogroup finance ministers ended after less than an hour.

Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my