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ICBC Global Market: FX Market Update - May 16, 2019
On Wednesday (May 15), investors were holding a wait-and-see attitude toward the current global trade situation. The USD index closed at 97.569 after a rise of 0.04%. EUR against USD closed at 1.1200 after a fall of 0.03%. USD against JPY closed at 109.58, down 0.01%. The resistance and support levels of EUR against USD are expected to be 1.1313 and 1.1138 respectively. The resistance and support levels of USD against JPY are expected to be 111.09 and 107.76 respectively.