U.S. Dollar Declines Against Majors
December 27 2017 - 10:35PM
RTTF2
The U.S. dollar slipped against its major counterparts in early
European deals on Thursday.
The greenback hit more than a 4-week low of 1.1947 against the
euro and more than a 3-week low of 0.9798 against the franc, from
its early highs of 1.1886 and 0.9863, respectively.
Reversing from early highs of 113.34 against the yen and 1.3395
against the pound, the greenback dropped to a 9-day low of 112.66
and a 2-week low of 1.3454, respectively.
The greenback weakened to a 2-1/2-month low of 0.7099 against
the kiwi, more than 2-month lows of 1.2606 against the loonie and
0.7808 against the aussie, reversing from its prior highs of
0.7054, 1.2661 and 0.7765, respectively.
The next possible support for the greenback is seen around
111.00 against the yen, 1.36 against the pound, 1.21 against the
euro, 0.96 against the franc, 0.72 against the kiwi, 1.25 against
the loonie and 0.79 against the aussie, respectively.
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