U.S. Dollar Rises Against Majors
21 October 2016 - 11:39AM
RTTF2
The U.S. dollar strengthened against the other major currencies
in the Asian session on Friday.
The U.S. dollar rose to a 7-month high of 1.0896 against the
euro, nearly a 5-month high of 0.9955 against the Swiss franc and a
3-day high of 104.20 against the yen, from yesterday's closing
quotes of 1.0929, 0.9924 and 103.94, respectively.
The greenback advanced to 1.2229 against the pound, from
yesterday's closing value of 1.2251.
Against the Australian, the New Zealand and the Canadian
dollars, the greenback climbed to a 4-day high of 0.7618, a 3-day
high of 0.7162 and an 8-day high of 1.3250 from yesterday's closing
quotes of 0.7624, 0.7191 and 1.3228, respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.08 against the euro, 1.00 against the franc,
105.00 against the yen, 1.19 against the pound, 0.74 against the
aussie, 0.70 against the kiwi and 1.33 against the loonie.
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