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ICBC Global Market: FX Market Update - November 2, 2018

The dollar fell 0.88 percent to 96.277 against a basket of major currencies on Thursday, following reports that London is close to sealing a financial services deal with Brussels. The euro rose 0.86 percent to $1.1407 against the greenback. Against the yen, the dollar was down 0.20 percent at 112.70. The euro is expected to meet resistance and support against the dollar at $1.1557 and $1.1257 respectively, while the dollar is expected to meet resistance and support against the yen at 114.20 and 111.20 respectively.

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