The dollar index rose 0.89 percent to 96.357 against a basket of currencies on Friday, as investors bought in the greenback after a plunging Turkish lira sparked broad risk aversion. The euro fell 1.01 percent to $1.1410. Against the yen, the dollar was down 0.14 percent at 110.92. The euro is expected to meet resistance and support against the dollar at $1.1680 and $1.1110 respectively, while the dollar is expected to meet resistance and support against the yen at 112.60 and 109.60 respectively.

Disclaimer: This research report is prepared by the Industrial and Commercial Bank of China Limited ("ICBC") based on public information. Facts and views expressed in the report do not reflect the official opinion of ICBC. ICBC makes every effort to use reliable information, but makes no representation that the information is accurate or complete. ICBC bears no responsibility or liability for any direct or indirect loss arising out of (or claimed to be arising out of) using or reliance upon such information. ICBC owns the copyright of this report. This report may not be reproduced, copied, published, distributed or quoted in any way without the express written consent of ICBC. ICBC reserves the right to investigate and prosecute violations of copyright infringement to the fullest extent of the law.