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ICBC Global Market: FX Market Update - September 15, 2017
 

North Korea fired a missile over Japan, fueling safe-haven sentiment. The dollar index, which tracks the greenback against six major rivals, fell 0.43 percent to 92.124 on Thursday even though data that showed a faster-than-forecast increase in domestic consumer prices boosted signs of pickup in inflation growth. The euro rose 0.28 percent against the greenback to $1.1918. Against the yen, the dollar was down 0.23 percent at 110.22. The euro is expected to meet resistance and support against the dollar at $1.2020 and $1.1780 respectively, while the dollar is expected to meet resistance and support against the yen at 111.50 and 109.50 respectively.

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(2017-09-15)
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