After the dollar traded slightly below 2.90 shekels, a more than 30-year low, it rose again in continuous trading and its representative rate was set on Thursday at 2.907 shekels. The euro strengthened slightly, with its representative rate set at 3.42 shekels.
Investors continue to follow developments related to a possible agreement with Iran. According to reports around the world, Iran is expected to deliver its response to the U.S. proposal to end the war to mediators later Thursday. U.S. President Donald Trump said Wednesday night that “very good talks” had been held with Iran over the past 24 hours.
In the United States, investors are also awaiting the April monthly jobs report, which will be released Friday. Forecasts range from an addition of 70,000 to 109,000 new jobs last month, after 178,000 jobs were added in March. The unemployment rate is expected to remain at 4.3%.
On Tuesday, U.S. inflation data for April will be released, completing the picture of the U.S. economy in terms of inflation and employment for the month.
The average monthly job gain in the first three months of the year stands at 68,000 jobs. January saw an addition of 16,000 jobs, February recorded a surprising decline of 133,000 and March saw an increase of 178,000.