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ICBC Global Market: FX Market Update - January 3, 2017
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The dollar index, which measures the greenback against a basket of six major rival currencies, fell 0.46 percent at 102.21 on Friday as the share of the U.S. Dollar in world foreign reserve shrank and traders took profits from its recent gains. The euro rose 0.22 percent to $1.0513 against the greenback on solid PMI from euro zone. Against the yen, the dollar was up 0.29 percent at 116.87. The euro is expected to meet resistance and support against the dollar at $1.0650 and $1.0400 respectively, while the dollar is expected to meet resistance and support against the yen at 118.50 and 115.50 respectively.
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（2017-01-03）
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