Why Are the Israeli Markets Ignoring the Gaza War?

Usually when bullets fly, risks increase and traders react. This time things are different, but Iron Dome's protection of the shekel is not the only reason.

Jul 22, 2014 4:06 AM

See the chart, showing the behavior of the shekel against the U.S. dollar in the last month, from just before Operation Protective Edge began. See anything unusual?

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