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Dollar Rises To 2-day High Against Euro And Swiss Franc

After moving briefly sideways in late Asian trading, the US dollar resumed rally against the major currencies of Europe in early European trading on Wednesday.

The dollar touched a 2-day high of 0.9187 against the franc and 1.3089 against the euro around 3:20 am ET, up from previous lows of 0.9147 and 1.3142, respectively.

The greenback is presently quoted at 1.5897 against the pound, up from 1.5945 hit in the early Asian session.

On the upside, the US dollar may find target levels at 1.30 against the euro, 0.9220 versus the franc and 1.5820 against the pound.

by RTT Staff Writer

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