Traders keenly await Federal Reserve Chair
The private sector is seen to add 205,000 jobs in June, compared to 179,000 job added in May.
Meanwhile, factory orders are expected to fall by 0.3% in May following a 0.7% increase in April.
Against the euro and the Swiss franc, the greenback rose to 2-day highs of 1.3668 and 0.8881 from early lows of 1.3681 and 0.8871, respectively. The greenback may test resistance near 1.35 against the euro and 0.89 against the franc.
Moving away from an early low of 0.8774 against the NZ dollar, the greenback advanced to a 2-day high of 0.8746. If the greenback continues its uptrend, it is likely to find resistance around the 0.86 area.
A survey by ANZ showed that the commodity prices in
The greenback which ended yesterday's deals at 1.7147 against the pound, edged up to 1.7139. If the greenback continues to rise, it may find resistance around the 1.69 region.
The US dollar advanced to 0.9449 against the Australian dollar, from an early low of 0.9497. The US dollar is likely to find resistance around the 0.93 area.
Looking ahead, the
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
SEPTEMBER 2, 2014
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