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Forex News: U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

10/02/2017 - 00:49:00 (RTTNews)

(RTTNews) - The U.S. dollar strengthened against other major currencies in the Asian session on Monday.

The U.S. dollar rose to 4-day highs of 1.1770 against the euro and 112.91 against the yen, from Friday's closing quotes of 1.1812 and 112.46, respectively.

Against the pound, the Swiss franc and the Canadian dollar, the greenback edged up to 1.3358, 0.9711 and 1.2497 from last week's closing quotes of 1.3395, 0.9676 and 1.2463, respectively.

Against the Australian and the New Zealand dollars, the greenback advanced to 4-day highs of 0.7816 and 0.7189 from last week's closing quotes of 0.7828 and 0.7199, respectively.

If the greenback extends its uptrend, it is likely to find resistance around 1.16 against the euro, 114.00 against the yen, 1.31 against the pound, 0.98 against the franc, 1.28 against the loonie, 0.77 against the aussie and 0.70 against the kiwi.

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