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InstaForex - Official partner of Dragon Racing

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InstaForex - Official partner of Dragon Racing

2015.04.2704:53:00UTC+00U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against the other major currencies in the early European session on Monday.

The U.S. dollar rose to 4-day highs of 0.9582 against the Swiss franc and 1.2194 against the Canadian dollar, from early lows of 0.9526 and 1.2148, respectively.

Moving away from an early near 2-month low of 1.5188 against the pound, a 1-week low of 119.06 against the yen and a 4-day low of 0.7636 against the NZ dollar, the greenback advanced to 1.5129, 119.27 and 0.7591, respectively.

Against the euro and the Australian dollar, the greenback edged up to 1.0824 and 0.7791 from early lows of 1.0885 and 0.7836, respectively. If the greenback extends its uptrend, it is likely to find resistance around 0.99 against the franc, 1.25 against the loonie, 1.46 against the pound, 120.50 against the yen, 0.73 against the kiwi, 1.05 against the euro and 0.76 against the aussie.

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