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ICBC Global Market: FX Market Update - June 13, 2017
 

The dollar index, which tracks the greenback against six major rivals, fell 0.14 percent to 97.138 on Monday on caution ahead of the U.S. Federal Open Market Committee meeting. The euro firmed 0.07 percent at $1.1200 as Britain's Theresa May tried to lead its party out of woods after a botched election gamble. Against the yen, the dollar was down 0.37 percent at 109.92. The euro is expected to meet resistance and support against the dollar at $1.1300 and $1.1100 respectively, while the dollar is expected to meet resistance and support against the yen at 110.50 and 108.90 respectively.

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(2017-06-13)
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