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Dollar Hits 22-Month High as Swiss Franc and Aussie Dollar Fall

Wednesday, 24 April 2019 02:19 WIB DOLLAR Indeks Dolar Dolar AS

The U.S. dollar moved higher on Tuesday, gaining ground against most of its major trading partners and hitting an intraday 22-month high. The ICE U.S. Dollar Index, a measure of the buck's strength against six major rivals, was up 0.4% at 97.648. The index hit an intraday level at 97.78, its highest level since June 2017. The Swiss franc is the worst-performing major currency, falling 0.5% versus the greenback. The move comes as traders appeared to build short positions versus the euro. "The EUR/CHF resumed its bullish trend in early April after the breakdown attempt below key support at 1.1200 failed," said Fawad Razaqzada, market analyst at Forex.com. Elsewhere, the Australian dollar...

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