U.S. Dollar Rises Against Majors
January 07 2025 - 10:44PM
RTTF2
The U.S. dollar strengthened against other major currencies in
the European session on Wednesday.
The U.S. dollar rose to 0.9121 against the Swiss franc, from an
early low of 0.9087.
Against the euro and the pound, the greenback advanced to 2-day
highs of 1.0316 and 1.2441 from early lows of 1.0358 and 1.2494,
respectively.
The greenback edged up to 158.29 against the yen and 1.4369
against the Canadian dollar, from early lows of 157.91 and 1.4339,
respectively.
If the greenback extends its uptrend, it is likely to find
resistance around 0.92 against the franc, 1.01 against the euro,
1.22 against the pound, 163.00 against the yen and 1.45 against the
loonie.
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