Forex Market Update : Epic Research Malaysia

The ICE U.S. Dollar Index finished higher for the third week in a row Friday, boosted by gains against the euro, pound and yen that pushed greenback rise to multi-year highs.

The index DXY, -0.57% a measure of the greenback’s strength against a basket of six currencies, was down 0.49% on the day to 87.5840. It was at 88.0120 late Thursday.
The euro EURUSD, +0.65%  traded at $1.2459 Friday afternoon after falling to $1.2355, its lowest point against the dollar in more than two years, after the jobs data. It traded at $1.2381 late Thursday.

The pound GBPUSD, +0.24% traded at $1.5880, compared with $1.5843 late Thursday. Weak U.K. industrial production data and the Bank of England’s decision to leave its key interest rate and bond-buying program unchanged weighed on the pound for most of the week.

 The dollar USDRUB, -0.35%  traded at 46.6845 rubles Friday, compared with 46.8255 late Thursday.

The dollar settled lower Friday after rising to a seven-year high during the Asia trading day. It USDJPY, -0.49% traded at 114.55 yen Friday, compared with ¥115.16 late Thursday.
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