U.S. Dollar Rises Against Most Majors
04 August 2015 - 12:30PM
RTTF2
The U.S. dollar strengthened against most major currencies in
the Asian session on Tuesday.
The U.S. dollar rose to an 11-year high of 1.3175 against the
Canadian dollar, from yesterday's closing value of 1.3154.
Against the Swiss franc and the euro, the greenback advanced to
a 5-day high of 0.9703 and a 4-day high of 1.0931 from yesterday's
closing quotes of 0.9688 and 1.0949, respectively.
Moving away from an early low of 123.90 against the yen, the
greenback edged up to 124.09.
If the greenback extends its uptrend, it is likely to find
resistance around 1.34 against the loonie, 0.98 against the franc,
1.08 against the euro and 125.00 against the yen.
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