www.bethelfinance.com
The shekel continues to weaken against the dollar and euro in morning inter-bank trading today, continuing yesterday's trend. The shekel-dollhttp://www.blogger.com/img/blank.gifar exchange rate is up 0.06%, compared with yesterday's representative rate, to NIS 3.754/$ and the shekel-euro exchange rate is up 0.43% to NIS 4.988/€.
In international markets, the dollar is weakening against the euro to $1.327/€ and against the Japanese yen to ¥80.17/$. "The EU Purchasing Managers Index for February, published yesterday, fell below the 50-point dividing line between economic expansion and contraction. The Index fell from 50.6 points in January to 49.7 points, well below analysts' forecasts of 50.5 points" said Mr. Peres Sailam (Bethel Finance Ltd).
In the US, weekly and monthly unemployment claims figures will be published today. Analysts expect an increase in claims.
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