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USD/ILS Trades Near 3.02950 as Rate Cut and Regional Tensions Shape Short-Term Outlook
FORECASTS45D
USD/ILS Trades Near 3.02950 as Rate Cut and Regional Tensions Shape Short-Term Outlook
The Israeli shekel has weakened against the U.S. dollar after the Bank of Israel reduced rates by 0.25%, lifting USD/ILS toward the 3.02950 area. Traders are now watching the 3.00000 psychological support zone, nearby resistance at 3.03500, and regional risk around Iran, Israel, and the U.S.