U.S. Dollar Rises Against Most Majors
August 23 2016 - 11:13PM
RTTF2
The U.S. dollar strengthened against mots major currencies in
the pre-European session on Wednesday.
The U.S. dollar rose to 2-day highs of 1.1287 against the euro
and 0.9646 against the Swiss franc, from early lows of 1.1311 and
0.9626, respectively.
The greenback advanced to 1.3161 against the pound, from an
early low of 1.3202.
Against the Australian and the Canadian dollars, the greenback
climbed to 2-day highs of 0.7589 and 1.2953 from early lows of
0.7618 and 1.2911, respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.11 against the euro, 0.98 against the franc,
1.28 against the pound, 0.73 against the aussie and 1.31 against
the loonie.
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