The Israeli shakel traded higher against its US counterpart in early New York deals on Friday. At about 6:40 am ET, the shekel climbed to 3.7710 versus the greenback, which may be compared to Thursday's closing value of 3.7830. This set more than a 2-week high for the Israeli currency. The Israeli unit has been in an upward channel against the dollar for the past 1 week.

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