U.S. Dollar Rises Against Majors
August 28 2016 - 11:47PM
RTTF2
The U.S. dollar strengthened against the other major currencies
in the early European session on Monday.
The U.S. dollar rose to a 2-week high of 1.1172 against the euro
and a 1-week high of 1.3088 against the pound, from early lows of
1.1208 and 1.3138, respectively.
Against the yen and the Swiss franc, the greenback advanced to
near 3-week highs of 102.39 and 0.9794 from early lows of 101.83
and 0.9765, respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.09 against the euro, 1.27 against the pound,
107.00 against the yen and 1.00 against the franc.
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