U.S. Dollar Off Lows Against Majors
March 16 2017 - 12:53AM
RTTF2
The U.S. dollar bounced off from its early lows against its
major counterparts in the early European session on Thursday.
The greenback recovered to 1.0711 against the euro, 1.0006
against the franc and 113.43 against the yen, from its early more
than 5-week low of 1.0746, near 4-week low of 0.9979 and a new
2-week low of 112.90, respectively.
The greenback was trading at 1.2270 against the pound, up from
an early low of 1.2295.
The next possible resistance for the greenback may be found
around 1.21 against the pound, 116.00 against the yen, 1.06 against
the euro and 1.02 against the franc.
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