In early deals on Wednesday, the Israeli shekel rose against the dollar and reached a high of 3.8037 at 3:00 am ET. Although the shekel weakened thereafter, it rebounded shortly and the pair is presently quoted at 3.8099 with 3.787 seen as the next target level. The dollar-shekel pair was worth 3.8150 at Tuesday's close.

US Dollar vs ILS (FX:USDILS)
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US Dollar vs ILS (FX:USDILS)
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