U.S. Dollar Rises Against Majors
May 03 2016 - 8:27PM
RTTF2
The U.S. dollar strengthened against the other major currencies
in the Asian session on Wednesday.
The U.S. dollar rose to a 1-week high of 1.4520 against the
pound and a 5-day high of 107.44 against the yen, from yesterday's
closing quotes of 1.4534 and 106.55, respectively.
Against the euro and the Swiss franc, the greenback advanced to
2-day highs of 1.1477 and 0.9569 from yesterday's closing quotes of
1.1496 and 0.9541, respectively.
Against the Australian, the New Zealand and the Canadian
dollars, the greenback climbed to nearly a 2-month high of 0.7467,
a 6-day high of 0.6876 and nearly a 2-week high of 1.2749 from
yesterday's closing quotes of 0.7484, 0.6913 and 1.2723,
respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.43 against the pound, 111.50 against the yen,
1.13 against the euro, 0.98 against the franc, 0.73 against the
aussie, 0.67 against the kiwi and 1.30 against the loonie.
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