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2016.11.0701:11:00UTC+00U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against the other major currencies in the Asian session on Monday.

The U.S. dollar rose to a 4-day high of 1.2423 against the pound, from Friday's closing value of 1.2515.

Against the Swiss franc and the yen, the greenback advanced to 6-day highs of 0.9773 and 104.58 from last week's closing quotes of 0.9679 and 103.09, respectively.

The greenback climbed to 1.1067 against the euro, from an early low of 1.1110. This may be compared to an early 5-day high of 1.1054.

Against the Canadian dollar, the greenback edged up to 1.3395 from an early near 2-week low of 1.3336.

If the greenback extends its uptrend, it is likely to find resistance around 1.20 against the pound, 0.99 against the franc, 105.00 against the yen, 1.09 against the euro and 1.35 against the loonie.



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