Forex Market Update : Epic Research Malaysia

The dollar continued to weaken against its rivals Monday afternoon on a day devoid of major data releases out of Europe and the U.S.

The dollar USDJPY, +0.26%  continued to fall against the yen during the North American trading day, trading at 107.12 yen Monday afternoon, compared to ¥107.65 late Friday.

The ICE U.S. Dollar Index DXY, +0.13% a measure of the dollar’s strength against a basket of six rival currencies, traded at 85.5150, compared to 85.9120 late Thursday.

The pound GBPUSD, -0.08%   traded flat against the dollar at $1.6076, compared to $1.6073 late Friday.

The euro EURUSD, -0.23%   continued to rise Monday, building on a rally that began last week. It traded at $1.2691, compared to $1.2626 late Friday.

The ruble USDRUB, +0.21%  hit another record low against the dollar, trading at 2.47 cents Monday, compared to 2.48 cents late Friday, as continuing capital outflows and plummeting oil prices continued to plague the Russian economy.

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