U.S. Dollar Rises Against Majors
28 February 2024 - 12:23PM
RTTF2
The U.S. dollar strengthened against other major currencies in
the Asian session on Wednesday.
The U.S. dollar rose to nearly a 2-week high of 1.3550 against
the Canadian dollar, from Tuesday's closing value of 1.3527.
Against the euro and the pound, the greenback advanced to 2-day
highs of 1.0825 and 1.2658 from yesterday's closing quotes of
1.0844 and 1.2658, respectively.
Against the Swiss franc and the yen, the greenback edged up to
0.8806 and 150.65 from yesterday's closing quotes of 0.8783 and
150.50, respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 1.36 against the loonie, 1.07 against the euro,
1.25 against the pound, 0.89 against the franc and 151.00 against
the yen.
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