Dollar edged up against the currencies of Switzerland, Europe and U.K Thursday but declined against the Japanese yen.
During early Asian deals on Thursday, the dollar rose to a 3-day high of 1.6689 against the pound. This may be compared to yesterday's close of 1.6747. On the upside, 1.652 is seen as the next target level for the U.S. currency.
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The dollar climbed to 1.0134 against the Swiss franc and 1.4915 against the euro in early Asian trading on Thursday. The next upside target level for the dollar is seen at 1.482 against the euro and 1.021 against the franc.
The euro-dollar and the dollar-franc pairs were worth 1.4963 and 1.0101, respectively at yesterday's close.
In early Asian trading on Thursday, the dollar weakened against the Japanese yen. the dollar-yen pair touched 89.14, down from Wednesday’s close of 89.36. If the pair slides further, it may test near term support around the 88.8 level.
