Home >News Updates >Financial News >ICBC Global Market
ICBC Global Market: FX Market Update - October 10, 2018
 

The dollar index fell 0.10 percent to 95.668 on Tuesday due to a fall in U.S. bond yields after touching a seven-week peak against a basket of currencies. The euro inched down 0.01 percent to $1.1489. Against the yen, the dollar was down 0.26 percent at 112.94. The euro is expected to meet resistance and support against the dollar at $1.1640 and $1.1340 respectively, while the dollar is expected to meet resistance and support against the yen at 114.40 and 111.50 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.


(2018-10-10)
Close