The U.S dollar rose today against majors, amid renewed fears in financial markets about Europe's debt crisis, as S&P's credit rating warned it may downgrade Italy's debt, sending investors to low-yielding currencies.
The Dollar index which measures the performance of the U.S. dollar against a basket of currencies including the Euro, the Pound, and the Yen, inclined from today's opening level of 76.04 to currently trade at 76.19 recording its highest level at 76.37 and its lowest at 75.72.
Gold prices consolidated to reach $1514.32 per ounce since opening price of $1516.34, while Oil declined to reach $97.43 after opening at $99.66 per barrel.
The euro fell against the dollar to 1.4035, recording the intraday high of 1.4135 and the low of 1.3969, as the pair is trading between the resistance level at 1.3980 and the support level at 1.4050.
The pound fell against the dollar as the pair is currently trading around 1.6101 recording the intra day high of 1.6228 and the low of 1.6087; the pair is trading between the support of 1.6045 and the resistance of 1.6160.
U.S dollar rose against the Japanese yen The pair is currently trading around 81.80 recording the intraday high of 82.03 and the low of 81.32; the pair is currently trading between the support level at 81.75 and the resistance level at 82.50.