Forex News: U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

01/28/2025 - 01:33:00 (RTTNews)

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

The U.S. dollar rose to a 4-day high of 1.0425 against the euro, from yesterday's closing value of 1.0437.

Against the pound, the yen and the Swiss franc, the greenback edged up to 1.2435, 155.95 and 0.9060 from Monday's closing quotes of 1.2451, 154.92 and 0.9045, respectively.

Against the Australia and the New Zealand dollars, the greenback advanced to a 1-week high of 0.6246 and a 5-day high of 0.5653 from Monday's closing quotes of 0.6260 and 0.5664, respectively.

The greenback climbed to a 5-day high of 1.4408 against the Canadian dollar, from an early low of 1.4381.

If the greenback extends its uptrend, it is likely to find resistance around 1.02 against the euro, 1.21 against the pound, 158.00 against the yen, 0.91 against the franc, 0.60 against the aussie, 0.55 against the kiwi and 1.46 against the loonie.

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Forex News: U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

RECENT FOREX and ECONOMIC NEWS STORIES

FOREX NEWS

Canadian Dollar Weakens As BoC Cuts Rates

Euro Falls Amid ECB Rate Cut Speculation

U.S. Dollar Rises As Traders Focus Of U.S. Fed Rate Decision

U.S. Dollar Rises Against Majors

Aussie Falls As Soft Australia Inflation Data Signals RBA Rate Cut