Dollar Extends Uptrend Against Majors
January 04 2013 - 2:47AM
RTTF2
The US dollar continued to move in an ascending track against
other major currencies in late Asian deals Friday ahead of the
closely watched non-farm payrolls data.
The greenback climbed to 87.97 against the yen around 2:30 am
ET, its strongest level since July 2010. On the upside, the dollar
may find target level at 89.20 against the yen.
The greenback also advanced against the major currencies of
Europe in late Asian deals Friday. The dollar rose to fresh 3-week
highs of 1.3012 against the euro, 0.9293 versus the Swiss franc and
1.6056 against the pound around 2:30 am ET. If the US currency
extends advance, likely resistance levels are seen at 1.2985
against the euro, 0.9330 against the Swiss franc and 1.6035 against
the pound.
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