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Dollar Extends Uptrend Against Majors

Date : 01/04/2013 @ 2:47AM
Source : RTTF2
Stock : United States Dollar (B) VS Japanese Yen Spot (USD/JPY) (USDJPY)
Quote : 120.0725  -0.0575 (-0.05%) @ 5:33AM
United States Dollar vs Japanese share price Chart

Dollar Extends Uptrend Against Majors

United States Dollar vs Japanese (FX:USDJPY)
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The US dollar continued to move in an ascending track against other major currencies in late Asian deals Friday ahead of the closely watched non-farm payrolls data.

The greenback climbed to 87.97 against the yen around 2:30 am ET, its strongest level since July 2010. On the upside, the dollar may find target level at 89.20 against the yen.

The greenback also advanced against the major currencies of Europe in late Asian deals Friday. The dollar rose to fresh 3-week highs of 1.3012 against the euro, 0.9293 versus the Swiss franc and 1.6056 against the pound around 2:30 am ET. If the US currency extends advance, likely resistance levels are seen at 1.2985 against the euro, 0.9330 against the Swiss franc and 1.6035 against the pound.

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