The U.S. dollar strengthened against other major currencies in the Asian session on Friday.
The U.S. dollar rose to near 1-1/2-month highs of 1.1643 against the euro and 1.3352 against the pound, from yesterday's closing quotes of 1.1662 and 1.3390, respectively.
Against the yen and the Swiss franc, the franc advanced to 158.59 and 0.7860 from Thursday's closing quotes of 158.38 and 0.7843, respectively.
The greenback climbed to a 1-month high of 1.3758 against the Canadian dollar, from yesterday's closing value of 1.3724.
If the greenback extends its uptrend, it is likely to find resistance around 1.15 against the euro, 1.31 against the pound, 160.00 against the yen, 0.79 against the franc and 1.39 against the loonie.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.