U.S. Dollar Rises Against Majors
January 22 2025 - 6:45AM
RTTF2
The U.S. dollar recovered against its major counterparts in the
New York session on Wednesday.
Trump's delay in the implementation of tariffs weighed on the
currency in the previous session.
Trump signaled imposition of tariffs on imports from Canada and
Mexico, but refrained from enacting a policy.
The greenback recovered to 1.0411 against the euro and 0.6263
against the aussie, from its early multi-week lows of 1.0457 and
0.6295, respectively.
The greenback rebounded to 1.2307 against the pound and 0.9075
against the franc, from its early multi-week lows of 1.2375 and
0.9032, respectively.
The greenback recovered to 0.5659 against the kiwi and 1.4391
against the loonie, off its early lows of 0.5687 and 1.4301,
respectively.
The greenback touched a 2-day high of 156.57 against the
yen.
The currency is seen facing resistance around 1.03 against the
euro, 0.61 against the aussie, 1.21 against the pound, 0.93 against
the franc, 0.55 against the kiwi, 1.45 against the loonie and
160.00 against the yen.
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Dec 2024 to Jan 2025
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Jan 2024 to Jan 2025
