U.S. Dollar Rises Against Majors
February 28 2017 - 7:09PM
RTTF2
The U.S. dollar strengthened against the other major currencies
in the Asian session on Wednesday.
The U.S. dollar rose to more than a 1-month high of 1.3325
against the Canadian dollar and a 6-day high of 1.0551 against the
euro, from yesterday's closing quotes of 1.3299 and 1.0576,
respectively.
Against the pound and the yen, the greenback advanced to more
than a 3-week high of 1.2363 and a 1-week high high of 113.57 from
yesterday's closing quotes of 1.2382 and 112.75, respectively.
Against the Swiss franc, the greenback edged up to 1.0088 from
yesterday's closing value of 1.0058.
If the greenback extends its uptrend, it is likely to find
resistance around 1.34 against the loonie, 1.04 against the euro,
1.21 against the pound, 115.00 against the yen and 1.01 against the
franc.
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