Israel has occupied the West Bank since 1967, settling more than 450, 000 people in the territory.

BBC: Israeli forces arrest Hamas members in the West Bank

It traded as high as 39.25 on Friday before settling lower after the European Central Bank said it was standing by ready to help Italy in the event of a bond default.

FORBES: In Crisis Mode, Hedge Fund Managers Turn To The VIX

For example, since September 2005, the Federal Reserve Bank of New York has been leading a joint public-private initiative to improve arrangements for clearing and settling trades in credit default swaps and other OTC derivatives.

FORBES: Reducing Systemic Risk