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ICBC Global Market: FX Market Update - June 9, 2017
 

The dollar index, which tracks the greenback against six major rivals, rose 0.18 percent to 96.918 on Thursday as investors took stock of former FBI Director James Comey's testimony to the U.S. Senate, while the euro weakened at $1.1212 after the European Central Bank kept interest rates on hold. Against the yen, the dollar was up 0.16 percent at 109.97. The euro is expected to meet resistance and support against the dollar at $1.1350 and $1.1100 respectively, while the dollar is expected to meet resistance and support against the yen at 112.00 and 108.00 respectively.

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(2017-06-09)
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