U.S. Dollar Advances After PMI Data
24 Mars 2025 - 5:01PM
RTTF2
The U.S. dollar moved up against its major counterparts in the
New York session on Monday, following the release of strong
services PMI for March.
Flash survey results from S&P Global showed that the
services PMI climbed to 54.3 from 51 in February.
By contrast, the manufacturing PMI dropped to 49.8 from 52.7 in
the previous month.
Meanwhile, President Donald Trump plans to hold back some of the
reciprocal tariffs set to take effect on April 2nd.
A report from the Wall Street Journal said Trump is narrowing
his approach to the tariffs, likely omitting a set of
industry-specific tariffs.
The greenback climbed to more than a 2-week high of 1.0781
against the euro and a 10-day high of 0.5710 against the kiwi. The
greenback may face resistance around 1.03 against the euro and 0.55
against the kiwi.
The greenback advanced to a 1-week high of 0.8845 against the
franc and a 3-week high of 150.75 against the yen. The currency is
poised to challenge resistance around 0.92 against the franc and
152.00 against the yen.
The greenback recovered to 1.2922 against the pound, from an
early 4-day low of 1.2973. This may be compared to an early nearly
2-week high of 1.2885. If the currency continues its uptrend, 1.24
is possibly seen as its next resistance level.
The greenback rebounded against the aussie and was trading at
0.6278. The currency is seen finding resistance around the 0.61
level.
In contrast, the greenback fell to a 6-day low of 1.4289 against
the loonie. The currency is poised to challenge support around the
1.38 level.
NZD vs US Dollar (FX:NZDUSD)
Graphique Historique de la Devise
De Mar 2025 à Avr 2025
NZD vs US Dollar (FX:NZDUSD)
Graphique Historique de la Devise
De Avr 2024 à Avr 2025