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Forex Market Update

Wednesday, 4 February 2015


The U.S. dollar slumped versus major rivals Tuesday, as worries about Greece’s debt woes eased.

The ICE dollar index DXY, -0.04% a measure of the U.S. unit against a basket of six major rivals,  fell 0.9% to 93.685.

The euro EURUSD, -0.05%  rose to $1.1468, up from $1.1341 on Monday, on signs the standoff between the new Greek government and its creditors could soon come to an end.

the pound GBPUSD, +0.01%  climbed to $1.5151, up from $1.5039 on Monday.

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