U.S. Dollar Rises Against Majors
08 May 2024 - 1:04PM
RTTF2
The U.S. dollar strengthened against other major currencies in
the Asian session on Wednesday.
The U.S. dollar rose to 5-day highs of 1.0738 against the euro
and 0.5983 against the NZ dollar, from yesterday's closing quotes
of 1.0749 and 0.5997, respectively.
Against the pound and the yen, the greenback advanced to 6-day
highs of 1.2484 and 155.29 from Tuesday's closing quotes of 1.2501
and 154.77, respectively.
The greenback edged up to 0.9093 against the Swiss franc, from
Tuesday's closing value of 0.9085.
Against the Australia and the Canadian dollars, the greenback
climbed to 1-week highs of 1.0969 and 1.3756 from yesterday's
closing quotes of 1.0987 and 1.3734, respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.06 against the euro, 0.58 against the kiwi,
1.23 against the pound, 161.00 against the yen, 0.91 against the
franc, 1.08 against the aussie and 1.38 against the loonie.
Euro vs US Dollar (FX:EURUSD)
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