Dollar Sets New Multi-week High Versus Euro

(RTTNews) - The U.S. dollar rallied against the euro in the early deals on Tuesday in New York, but it saw uncertainty in direction during the mid-day deals. However, the pair continued higher in late trading, likely influenced by the Japanese current account data. Compared to the day's low of 1.3386, the pair has lately fetched as high as 1.3268. This is a 10-week high for the pair. If the dollar strengthens further, 1.325 will be a likely level of resistance in the near term.

USD/EURO