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Dollar Strengthens Against European Majors

8/8/2012 3:04 AM ET

The U.S. dollar strengthened against the European majors ahead of the European deals on Wednesday.

The dollar hit 2-day highs of 1.2363 against the euro and 0.9719 against the franc.

Against the pound, the dollar climbed to 1.5578.

The next upside target level for the dollar is seen at 1.230 against the euro, 1.555 against the pound and 0.976 against the franc.

by RTT Staff Writer

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