U.S. Dollar Advances Against Most Majors
May 24 2016 - 12:15AM
RTTF2
Reversing direction, the U.S. dollar climbed against most major
counterparts in early European trading on Tuesday.
The greenback rebounded to 109.64 against the yen, off its early
low of 109.17.
The greenback climbed to a 2-month high of 1.1171 against the
euro, 2-1/2-month high of 0.9932 against the franc and a
1-1/2-month high of 1.3185 against the loonie, from its previous
lows of 1.1227, 0.9889 and 1.3137, respectively.
Extending early rally, the greenback hit nearly a 3-month high
of 0.7156 against the aussie, from its early low of 0.7228.
The greenback is likely to find resistance around 112.00 against
the yen, 1.02 against the franc, 1.10 against the euro, 1.33
against the loonie and 0.70 against the aussie.
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