U.S. Dollar Rises Against Majors
October 25 2023 - 10:18PM
RTTF2
The U.S. dollar strengthened against other major currencies in
the Asian session on Thursday.
The U.S. dollar rose to more than a 1-year high of 150.51
against the yen and more than a 3-week high of 1.2076 against the
pound, from yesterday's closing quotes of 150.10 and 1.2103,
respectively.
Against the euro and the Swiss franc, the greenback advanced to
1-week highs of 1.0541 and 0.8987 from Wednesday's closing quotes
of 1.0566 and 0.8967, respectively.
The greenback climbed to more than a 7-month high of 1.3819
against the Canadian dollar, from yesterday's closing value of
1.3804.
If the greenback extends its uptrend, it is likely to find
resistance around 152.00 against the yen, 1.19 against the pound,
1.04 against the euro, 0.92 against the franc and 1.39 against the
loonie.
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