U.S. Dollar Falls Against Majors
July 26 2015 - 11:44PM
RTTF2
The U.S. dollar weakened against the other major currencies in
the Asian session on Monday.
The U.S. dollar fell to nearly a 2-week low of 123.42 against
the yen, from Friday's closing value of 123.76.
Against the euro and the pound, the greenback dropped to 4-day
lows of 1.1013 and 1.5596 from last week's closing quotes of 1.0976
and 1.5504, respectively.
The greenback edged down to 0.9597 against the Swiss franc, from
Friday's closing value of 0.9617.
Against the Australia, the New Zealand and the Canadian dollars,
the greenback slipped to 0.7298, 0.6603 and 1.3021 from last week's
closing quotes of 0.7276, 0.6571 and 1.3042, respectively.
If the greenback extends its downtrend, it is likely to find
support around 121.00 against the yen, 1.12 against the euro,1.57
against the pound, 0.94 against the franc, 0.75 against the aussie,
0.68 against the kiwi and 1.27 against the loonie.
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