Wednesday, 18 February 2015

Forex Market Update : Epic Research Malaysia


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The euro traded higher against the pound, yen and dollar Tuesday as economic data showed continued improvement in the eurozone.

The euro EURUSD, -0.07%   traded at $1.1415, compared with $.1.1335 Friday. The shared currency traded at 137.74 yen EURJPY, -0.26%  , compared with ¥134.06 Friday. It traded at 74.34 pence EURGBP, -0.09%  , compared with 73.83 pence.

The ICE U.S. Dollar Index DXY, -0.02%  , a measure of the dollar’s strength against a trade-weighted basket of six currencies, fell 0.12% to 94.0880, after finishing lower for the third-consecutive week Friday.

After trading lower for most of the Asia trading day, the dollar turned higher against the yen, USDJPY, -0.18%  trading at ¥119.29, compared with ¥118.29.

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