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

The dollar index, which tracks the greenback against six major rivals, fell 0.52 percent to 92.124 on Friday, on doubts over durability of a pickup in U.S. economic growth in wake of last week's tax overhaul. The euro was up 0.46 percent to 1.1996 against the greenback. Against the yen, the dollar edged down 0.18 percent at 112.67. The euro is expected to meet resistance and support against the dollar at $1.2150 and $1.1860 respectively, while the dollar is expected to meet resistance and support against the yen at 113.80 and 111.20 respectively.


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(2018-01-03)
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