U.S. Dollar Rises Against Majors
May 11 2023 - 12:03AM
RTTF2
The U.S. dollar strengthened against other major currencies in
the early European session on Thursday.
The U.S. dollar rose to more than a 3-week high of 1.0924
against the euro, a 6-day high of 1.2573 against the pound and a
2-day high of 0.8941 against the Swiss franc, from early lows of
1.0998, 1.2641 and 0.8887, respectively.
The greenback edged up to 134.53 against the yen, from an early
6-day low of 133.89.
Against the Australia and the Canadian dollars, the greenback
advanced to 6-day highs of 0.6729 and 1.3420 from early lows of
0.6796 and 1.3363, respectively.
The greenback edged up to 0.6336 against the NZ dollar, from an
early near 3-month low of 0.6384.
If the greenback extends its uptrend, it is likely to find
resistance around 1.07 against the euro, 1.23 against the pound,
0.91 against the franc, 138.00 against the yen, 0.65 against the
aussie, 1.37 against the loonie and 0.61 against the kiwi.
US Dollar vs CAD (FX:USDCAD)
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