U.S. Dollar Falls Against Majors
April 16 2017 - 9:38PM
RTTF2
The U.S. dollar weakened against the other major currencies in
the Asian session on Monday.
The U.S. dollar fell to a 5-month low of 108.13 against the yen,
from Friday's closing value of 108.56.
Against the pound, the Swiss franc and the Canadian dollar, the
greenback dropped to 4-day lows of 1.2545, 1.0024 and 1.3298 from
last week's closing quotes of 1.2522, 1.0046 and 1.3324,
respectively.
Against the euro, the greenback edged down to 1.0626 from
Friday's closing value of 1.0602.
If the greenback extends its downtrend, it is likely to find
support around 107.00 against the yen, 1.27 against the pound, 0.99
against the franc, 1.31 against the loonie and 1.07 against the
euro.
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