The U.S. dollar recovered from its early lows against the other major currencies ahead of European deals on Wednesday.
The greenback rose to 0.8177 against the Australian dollar, from an early 2-week low of 0.8214.
Having fallen to a 9-day low of 1.1587 against the Canadian dollar and a 2-day low of 1.5575 against the pound in early deals, the greenback rose to 1.1611 and 1.5548, respectively.
Moving away from early lows of 1.2168 against the euro and 0.9879 against the Swiss franc, the greenback edged up to 1.2143 and 0.9901, respectively.
Against the yen and the NZ dollar, the greenback edged up to 119.77 and 0.7823 from early lows of 119.24 and 0.7846, respectively.
If the greenback extends its uptrend, it is likely to find resistance around 0.80 against the aussie, 1.17 against the loonie, 1.54 against the pound, 1.20 against the euro, 0.995 against the franc, 122.30 against the yen and 0.77 against the kiwi.
The material has been provided by InstaForex Company – www.instaforex.com