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ICBC Global Market: FX Market Update - August 15, 2018
 

The dollar index rose 0.35 percent to 96.731 against a basket of currencies on Tuesday as traders increased their safe-haven holdings of the U.S. currency on worries about the fallout from the Turkish lira's recent fall. The euro fell 0.58 percent to $1.1342. Against the yen, the dollar was up 0.39 percent at 111.14. The euro is expected to meet resistance and support against the dollar at $1.1600 and $1.1110 respectively, while the dollar is expected to meet resistance and support against the yen at 112.60 and 109.60 respectively.

 

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(2018-08-15)
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