RTTN: Dollar Recovers Losses Against Euro, Swiss Franc
The US dollar that edged lower against the currencies of Europe and Switzerland in late Asian deals Wednesday recouped some of its losses in early deals. At the same time, the dollar extended previous session's advance against the pound.
The greenback rose to 1.5252 against the pound around 7:00 am ET, bounced well-away from last week's fresh 1-1/2 month low of 1.5412.
The dollar that slipped to 0.9207 against the Swiss franc and 1.3198 against the euro at the beginning of the London session snapped back to as high as 0.9250 and 1.3130, respectively around 7:00 am ET.
