U.S. Dollar Strengthens Against Majors
May 05 2016 - 12:17AM
RTTF2
Reversing direction, the U.S. dollar climbed against its key
counterparts in early European deals on Thursday.
The greenback advanced to a 6-day high of 0.9606 against the
franc and a 3-day high of 1.1450 versus the euro, off its early
lows of 0.9569 and 1.1494,respectively.
The greenback edged up to 1.4477 against the pound and 107.29
against the yen, from its previous lows of 1.4529 and 106.88,
respectively.
If the greenback extends gain, it may find resistance around
0.98 against the franc, 1.12 against the euro, 1.42 against the
pound and 1.32 against the yen.
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