www.bethelfinance.com
The shekel is strengthening against the dollar, but flat against the euro in morning inter-bank trading today, after the Bank of Israel kept the interest rate for March unchanged at 2.5%. The shekel-dollar exchange rate is down 0.42%, compared with yesterday's representative rate, to NIS 3.787/$, and the shekel-euro exchange rate is flat at NIS 5.095/€.
In international markets, the dollar is trading at $1.344/$ against the euro.
"In the US, the macroeconomic figures that will be published today include orders for durable goods figures in January (analysts expect a 1.3% decline); the Case Sholes Index for home prices for December (analysts expect an annualized 3.6% drop), and consumer confidence (analysts expect 63.5 points). Investors will also monitor commodities prices, especially oil" said Mr. Cedric Marmet from Bethel Finance Ltd.
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