Dollar rises across the board

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Published: Fri, 15 May 2009 19:50:00 +0200

Dollar rises across the board

FXstreet.com (Córdoba) ? While U.S. markets extend losses Dollar is rising across the board. EUR/USD recently broke below 1.3500 achieving a new week-low at 1.3482. In the last two hours the pair has fallen more than 60 pips.

USD/CHF continues the upside rally and now is above 1.1200. During the American session the Dollar gains more than 150 pips. Next support is located at 1.1240.

GBP/USD is falling now heading toward intra-day lows at 1.5130 after breaking support zone at 1.5170. Against the Yen, the Pound is losing yesterday gains and GBP/JPY is near Monday low at 143.30.

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