Violence in the Middle East caused the value of the dollar and the yen to rise

Violence in the Middle East caused the value of the dollar and the yen to rise

The price and conversion of Arab and international currencies, today and during the past days, the data is constantly updated

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The US dollar and the Japanese Yen, which are considered safe havens, rose on Monday, due to fears raised in the markets due to violent actions in the Middle East, while the dollar received a greater boost thanks to a strong US jobs report.

The Israeli Shekel fell more than three percent to its lowest level in about eight years, reaching $3.9880 early in the Asian session, but rose somewhat in volatile trading after the Israeli Central Bank announced that it would sell up to $30 billion in foreign currency. To maintain the stability of the shekel, the shekel fell in the last trading by 1.7 percent to $3.9069.

Risk appetite declined after clashes between Israeli forces and militants from the Palestinian Hamas movement at the beginning of the week, and hours after a surprise attack by militants in Israel, making the Japanese Yen, traditionally considered a safe haven, in great demand, and pushing the Australian Dollar, which is highly sensitive to risks. , to decline by 0.8 percent to 94.61 yen.

At the same time, the Euro fell 0.4 percent to 157.45 yen in weak Asian trading, and the market in Japan was closed for the holiday.

The price of the yen rose against the dollar in recent trading to 149.21 yen.

The dollar rose overall, pushing the British Pound down 0.31 percent to $1.2194.

The Euro lost 0.32 percent, trading at $1.0553.

The Australian Dollar, which is considered an indicator of risk appetite, also fell by 0.59 percent to $0.6347, while the New Zealand dollar fell by 0.36 percent to $0.5968.

The dollar index rose 0.1 percent to 106.33, thanks to data showing an increase in employment in the United States by the largest amount in eight months last September.