U.S. Dollar Drops Against Most Majors
May 19 2017 - 2:06AM
RTTF2
The U.S. dollar weakened against most major currencies in the
European session on Friday.
The U.S. dollar fell to more than a 6-month low of 0.9759
against the Swiss franc and more than a 3-week low of 1.3565
against the Canadian dollar, from early highs of 0.9805 and 1.3610,
respectively.
Against the euro and the pound, the greenback edged down to
1.1165 and 1.3019 from early highs of 1.1096 and 1.2928,
respectively.
If the greenback extends its downtrend, it is likely to find
support around 0.86 against the franc, 1.33 against the loonie,
1.12 against the euro and 1.31 against the pound.
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