The U.S. dollar extended its upward trading against the Swiss franc in European deals on Wednesday on risk aversion following Standard and Poor's downgrade of credit rating outlook on Greece.
The dollar climbed to 0.9742 against the franc, its strongest level since August 3 and the next resistance level for the dollar is seen at 0.98. The pair closed Tuesday's deals at 0.9691.
by RTT Staff Writer
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