U.S. Dollar Slides Against Majors
September 07 2017 - 8:13PM
RTTF2
The U.S. dollar weakened against other major currencies in the
Asian session on Friday.
The U.S. dollar fell to more than a 2-1/2-year low of 1.2089
against the euro and a 5-week low of 1.3139 against the pound, from
yesterday's closing quotes of 1.2023 and 1.3100, respectively.
Against the yen and the Swiss franc, the franc dropped to a
10-month low of 107.81 against the yen and a 10-day low of 0.9437
from yesterday's closing quotes of 108.43 and 0.9502,
respectively.
If the greenback extends its downtrend, it is likely to find
downtrend, it is likely to find support around 1.21 against the
euro, 1.33 against the pound, 106.00 against the yen and 0.93
against the franc.
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