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Monday 27 May 2013

U.S. Dollar Strengthens Against Majors




The U.S. dollar gained ground against other major currencies in early Asian deals on Tuesday. 

The greenback hit a 5-day high of 1.2883 against the euro, 4-day highs of 1.5063 against the pound, 0.9686 against the franc and 102.00 against the yen. 

If the greenback rises further, it may find resistance level around 1.27 against the euro, 1.49 against the pound, 0.98 against the franc and 103.00 against the yen.

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