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ICBC Global Market: FX Market Update - July 20, 2018
 

The dollar index rose 0.08 percent to 95.154 against a basket of currencies on Thursday after U.S. President Donald Trump expressed concern about a strong currency and the Federal Reserve's interest rate increases. The euro rose 0.03 percent to 1.1641 against the greenback. Against the yen, the dollar was down 0.34 percent at 112.45. The euro is expected to meet resistance and support against the dollar at $1.1820 and $1.1530 respectively, while the dollar is expected to meet resistance and support against the yen at 114.00 and 111.20 respectively.

 

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(2018-07-20)
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