U.S. Dollar Falls Against Majors
April 28 2016 - 2:20AM
RTTF2
The U.S. dollar weakened against the other major currencies in
the European session on Thursday.
The U.S. dollar fell to a 10-day low of 107.92 against the yen,
from an early near 4-week high of 111.88.
Against the euro and the Swiss franc, the greenback dropped to
1-week lows of 1.1368 and 0.9661 from early highs of 1.1296 and
0.9733, respectively.
The U.S. dollar slipped to 1.4618 against the pound and 0.7657
against the Australian dollar, from early highs of 1.4523 and
0.7571, respectively.
Against the New Zealand and the Canadian dollars, the greenback
slid to an 8-day low of 0.6989 and nearly a 10-month low of 1.2528
from early highs of 0.6823 and 1.2603, respectively.
If the greenback extends its downtrend, it is likely to find
support around 107.00 against the yen, 1.14 against the euro, 0.95
against the franc, 1.47 against the pound, 0.78 against the aussie,
0.70 against the kiwi and 1.24 against the loonie.
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