U.S. Dollar Recovers Against Majors
May 25 2017 - 2:07AM
RTTF2
The U.S. dollar recouped from its early lows against its major
rivals in the early European session on Thursday.
The greenback bounced off to 1.1218 against the euro, 1.2950
against the pound, 111.90 against the yen and 0.7465 against the
aussie, from its early 2-day lows of 1.1250, 1.3014, 111.47 and
0.7516, respectively.
The greenback rose back to 0.7023 against the kiwi, 0.9726
against the franc and 1.3444 against the loonie, off its early low
of 0.7055, 3-day low of 0.9700 and a 5-week low of 1.3388,
respectively.
The next possible resistance for the greenback is seen around
1.10 against the euro, 1.27 against the pound, 113.00 against the
yen, 0.99 against the franc, 0.69 against the kiwi, 1.35 against
the loonie and 0.73 against the aussie.
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