U.S. Dollar Falls Against Majors
December 28 2017 - 11:12PM
RTTF2
The U.S. dollar dropped against its major opponents in early
European deals on Friday.
The greenback declined to a 4-week low of 0.9758 against the
franc and a 10-day low of 112.57 against the yen, from its early
highs of 0.9794 and 112.97, respectively.
Reversing from its previous highs of 1.3429 against the pound
and 1.1936 against the euro, the greenback dropped to a 3-week low
of 1.3508 and more than a 3-month low of 1.1969, respectively.
The greenback slipped to more than 2-month lows of 0.7113
against the kiwi and 1.2536 against the loonie, off its previous
highs of 0.7081 and 1.2572, respectively.
Having advanced to 0.7789 against the aussie at 2:50 am ET, the
greenback reversed direction and hit a session's low of 0.7810.
The next possible support for the greenback is seen around
111.00 against the yen, 0.96 against the franc, 1.21 against the
euro, 1.36 against the pound, 0.79 against the aussie, 0.73 against
the kiwi and 1.24 against the loonie.
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