U.S. Dollar Falls Against Majors
January 22 2017 - 6:45PM
RTTF2
The U.S. dollar weakened against the other major currencies in
the Asian session on Monday.
The U.S. dollar fell to a 1-1/2-month low of 1.0749 against the
euro, a 5-week low of 1.2445 against the pound, a 5-day low of
113.44 114.57 against the yen and more than a 2-month low of 0.9981
against the Swiss franc, from Friday's closing quotes of 1.0698,
1.2374, 114.57 and 1.0009, respectively.
Against the Canadian dollar, the greenback dropped to a 4-day
low of 1.3281 from Friday's closing value of 1.3308.
Against the Australian and the New Zealand dollars, the
greenback edged down to 0.7579 and 0.7210 from last week's closing
quotes of 0.7552 and 0.7164, respectively.
If the greenback extends its downtrend, it is likely to find
support around 1.11 against the euro, 1.28 against the pound,
108.00 against the yen, 0.98 against the franc, 1.30 against the
loonie, 0.78 against the aussie and 0.74 against the kiwi.
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