U.S. Dollar Falls Against Majors
May 27 2015 - 2:20AM
RTTF2
The U.S. dollar weakened against the other major currencies in
the late Asian session on Wednesday.
The U.S. dollar fell to 1.0915 against the euro, 1.5428 against
the pound, 122.77 against the yen and 1.2409 against the Canadian
dollar, from early highs of 1.0864, 1.5376, 123.30 and 1.2439,
respectively.
Pulling away from an early 4-week high of 0.9538 against the
Swiss franc, the greenback dropped to 0.9486.
Against the Australia and New Zealand dollars, the greenback
slipped to 0.7763 and 0.7267 from an early near 5-week high of
0.7725 and more than a 2-1/2-month high of 0.7216,
respectively.
If the greenback extends its downtrend, it is likely to find
support around 1.13 against the euro, 1.58 against the pound,
120.80 against the yen, 1.19 against the loonie, 0.91 against the
franc, 0.80 against the aussie and 0.75 against the kiwi.
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