U.S. Dollar Climbs Amid Risk Aversion
20 Settembre 2024 - 3:08PM
RTTF2
The U.S. dollar advanced against its major counterparts in the
New York session on Friday, amid higher treasury yields and a
pullback in U.S. stocks.
U.S. stocks fell amid profit taking, as traders cash in on some
of the strong gains posted during Thursday's session.
Treasury yields rose as recent strong economic data indicated
continued strength in the economy.
Although the Fed has already signaled plans to continue lowering
rates in the coming months, incoming data could still impact market
sentiment.
Reports on durable goods orders, new home sales and consumer
confidence are likely to attract attention next week along with a
report on personal income and spending that includes the Fed's
preferred inflation gauge.
The greenback climbed to 1.1136 against the euro and 1.3267
against the pound, from an early 2-day low of 1.1181 and a
2-1/2-year low of 1.3340, respectively. The currency is seen
finding resistance around 1.06 against the euro and 1.27 against
the pound.
The greenback appreciated to a 1-week high of 0.8517 against the
franc and more than a 2-week high of 144.49 against the yen, off
its early lows of 0.8451 and 141.73, respectively. The currency is
likely to locate resistance around 0.92 against the franc and
147.00 against the yen.
The greenback edged up to 1.3589 against the loonie, 0.6782
against the aussie and 0.6210 against the kiwi, from its early lows
of 1.3542, 0.6828 and 0.6260, respectively. Immediate resistance
for the currency is seen around 1.38 against the loonie, 0.63
against the aussie and 0.60 against the kiwi.
Grafico Cross US Dollar vs CHF (FX:USDCHF)
Da Ott 2024 a Nov 2024
Grafico Cross US Dollar vs CHF (FX:USDCHF)
Da Nov 2023 a Nov 2024
