ET:Dollar Strengthens From Fresh 1-month Low Against Euro
(RTTNews) - Bouncing back from early Asian session's new 1-month low of 1.2444 against the euro, the US dollar touched as high as 1.2364 before holding steady around 3:00 am ET Monday. The next likely resistance level for the greenback is seen at 1.2220 and the probable support visible at 1.2530.
Earlier in the morning, the dollar dropped below the 1.24 level against the euro after a gap of 4-days amid renewed risk-appetite on Friday's better-than-expected U.S. employment data as well as news that Greece is committed to reforms to comply with bailout terms.
