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2010.08.2707:12:00UTC+00Israeli Shekel Drops To 25-day Low Versus Greenback

Against its US counterpart, the Turkish lira traded lower during European deals on Friday. At about 5:00 am ET, the pair touched 3.8340, which may be compared to yesterday's closing value of 3.8195. This set a 25-day low for the Israeli currency. As of now, the shekel is trading near 3.8313 versus the greenback. On the downside, 3.8358 is seen as the next target level for the Israeli unit.

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