The dollar attempted to incline again against the major currencies, where the Federal Reserve managed throughout its FOMC minutes to increase the dollars momentum, pushing it higher against the euro and the Japanese yen. Meanwhile the Japanese yen fell against most of the high yielding currencies, after the Asian investors' risk appetite determined them to avoid the yen in favor of the investors assets.
The euro fell significantly during the Asian session against the dollar, continuing its downside movement started this week. The euro registered the lowest at 1.3358 and the highest at 1.3391. The pair now trades around the 1.3370 level. The support levels that the pair might face during today will be 1.3330 and 1.3270, while the resistance level 1.3410 may stop the pair attempts to incline.
The pound/dollars pair witnessed slow movements during the Asian session today around the 1.5235 level. The pound registered the lowest at 1.5225 and the highest at 1.5266. The pound is moving within a sideway range this week, and the support levels might be at 1.5160 and 1.5125 level, while the resistance level 1.5300 may stop the pair attempts to incline.
The Japanese yen fell against the dollar again today, where the pair registered the lowest at 93.61 and the highest at 94.25. The pair is trading around the 94.00 level which the pair failed to breach it to the upside on the weekly basis. The support levels might be at 93.60 and the 93.15 level, while the resistance level 94.80 may stop the pair attempts to incline.