U.S. Dollar Falls Against Most Majors
May 24 2017 - 9:00PM
RTTF2
The U.S. dollar weakened against most major currencies in the
Asian session on Thursday.
The U.S. dollar fell to more than a 5-week low of 1.3394 against
the Canadian dollar, from yesterday's closing value of 1.3404.
Against the euro, the Swiss franc and the Australian dollar, the
greenback dropped to 2-day lows of 1.1245, 0.9717 and 0.7516,from
yesterday's closing quotes of 1.1217, 0.9731 and 0.7503,
respectively.
The greenback edged down to 1.2986 against the pound, from
yesterday's closing value of 1.2976.
If the greenback extends its downtrend, it is likely to find
support around 1.32 against the loonie, 1.14 against the euro, 0.95
against the franc, 0.76 against the aussie and 1.30 against the
pound.
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