Euro Drops Further Against Majors
May 19 2015 - 3:46AM
RTTF2
The euro slipped further against the other major currencies in
early European deals on Tuesday.
The euro weakened to 5-day lows of 1.4006 against the aussie,
1.5101 versus the kiwi and 1.3594 versus the loonie, from its early
highs of 1.4203, 1.5366 and 1.3766, respectively.
The single currency hit a 4-day low of 1.0420 against franc,
6-day low of 0.7153 against the pound, 1-week lows of 134.14 versus
the yen and 1.1176 against the greenback, off its previous highs of
1.0488, 0.7231, 135.82 and 1.1325, respectively.
The euro may possibly challenge support around 1.10 against the
greenback, 0.70 against the pound, 130.00 against the yen, 1.025
against the franc, 1.38 against the aussie, 1.50 against the kiwi
and 1.35 against the loonie.
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