The safe haven dollar and Japanese yen rose on Monday, October 9, after the military confrontation in the Middle East worried the markets, while the strong US jobs report gave the US currency a greater boost.
The Israeli shekel fell more than 3 years to its lowest level in about eight years at 3.9880 to the dollar early in the Asian session, before trimming some of those losses in volatile trading after the Central Bank of Israel announced that it would sell up to $30 billion in foreign currencies. To maintain the stability of the shekel.
The shekel fell in recent transactions by about 1.7% to 3.9069 to the dollar.
This strengthened demand for the Japanese yen, which is traditionally considered a safe haven, pushing the Australian dollar, which is highly susceptible to risks, to decline about 0.8 percent to 94.61 yen.
Likewise, the euro fell about 0.4% to 157.45 yen in weak Asian trading, and the market in Japan was closed for a holiday.
Against the dollar, the price of the yen reached 149.21 yen in the latest transactions.
The dollar rose in general, pushing the British pound down 0.31% to $1.2194. The euro lost 0.32% to trade at $1.0553.
The Australian dollar, which is seen as an indicator of risk appetite, fell 0.59% to $0.6347, while the New Zealand dollar fell 0.36% to $0.5968.
The dollar index rose 0.1% to 106.33, drawing additional support from data showing on Friday that US employment increased by the most in eight months in September.
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