Dollar Climbs To 5-day High Against Franc
August 08 2012 - 8:26AM
RTTF2
The U.S. dollar extended its upward trading against the Swiss
franc in European deals on Wednesday on risk aversion following
Standard and Poor's downgrade of credit rating outlook on
Greece.
The dollar climbed to 0.9742 against the franc, its strongest
level since August 3 and the next resistance level for the dollar
is seen at 0.98. The pair closed Tuesday's deals at 0.9691.
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