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ICBC Global Market: FX Market Update - November 2, 2016
 

The U.S. dollar index fell 0.76 percent at 97.699 against a basket of major currencies on Tuesday on the political uncertainty of U.S. presidential election. The euro gained 0.67 percent at $1.1053 after hitting a three-week high against the greenback. Against the yen, the dollar was down 0.66 percent at 104.12. The euro is expected to meet resistance and support against the dollar at $1.1149 and $1.0900 respectively, while the dollar is expected to meet resistance and support against the yen at 105.40 and 102.98 respectively.

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(2016-11-04)
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