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U.S. Dollar Recovers Against Majors

04:38, 27th November 2014

(RTTNews) - The U.S. dollar recovered from its early losses against the other major currencies in the European session on Thursday.

The U.S. dollar recovered to 1.2465 against the euro and 0.9642 against the Swiss franc, from early lows of 1.2522 and 0.9598, respectively.

Moving away from an early more than a 2-week low of 1.5825 against the pound and an 8-day low of 117.22 against the yen, the greenback edged up to 1.5746 and 117.55, respectively.

If the greenback extends its uptrend, it is likely to find resistance around 1.23 against the euro, 1.55 against the pound, 0.95 against the Swiss franc and 115.06 against the yen.

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