The US dollar continued its solid performance against other major currencies for the second consecutive day in early deals on Wednesday.
The greenback rose back above the key 1.29 level against the euro for the first time since April 4, rising as high as 1.2888 around 3:45 am ET. Next key levels to watch for the dollar on the upside are 1.2850 and 1.28.
The greenback rose to a 6-week high of 1.5191 against the pound before erasing some of its gains around 3:05 am ET. If the dollar resumes uptrend, 1.5150 is seen as the next likely resistance level.
The dollar advanced to 102.61 against the yen around 3:00 am ET, its strongest level since October 2008. The next likely upside target for the greenback-yen pair is seen around the 103.10 area.
The US currency climbed to 0.9715 against the Swiss franc around 3:30 am ET, its highest level since August 2012. Further bullish extension could lead the pair challenge the 0.9770 resistance level.
