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ICBC Global Market: FX Market Update - June 22, 2018
 

The dollar fell from an 11-month high against a basket of major currencies on profit-taking on Thursday. The U.S. dollar index, which tracks the greenback against six major rivals, fell 0.33 percent to 94.743. The euro rose 0.27 percent to 1.1601 against the greenback. Against the yen, the dollar was down 0.34 percent at 109.98. The euro is expected to meet resistance and support against the dollar at $1.1750 and $1.1460 respectively, while the dollar is expected to meet resistance and support against the yen at 111.50 and 108.60 respectively.

 

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(2018-06-22)
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