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ICBC Global Market: FX Market Update - June 11, 2018
 

The U.S. dollar index, which tracks the greenback against six major rivals, rose 0.16 percent to 93.551 on Friday, as investors grew cautious over what was expected to be a contentious G7 meeting in Canada. The euro fell 0.26 percent to 1.1766 against the greenback. Against the yen, the dollar was down 0.15 percent at 109.53. The euro is expected to meet resistance and support against the dollar at $1.1910 and $1.1620 respectively, while the dollar is expected to meet resistance and support against the yen at 110.10 and 108.20 respectively.

 

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(2018-06-11)
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