U.S. Dollar Retreats Against Majors
July 24 2016 - 8:44PM
RTTF2
The U.S. dollar retreated from early highs against most major
currencies in the Asian session on Monday.
The U.S. dollar fell to 1.0974 against the euro and 106.26
against the yen, from an early 1-month high of 1.0952 and a 4-day
high of 106.72, respectively.
Against the Swiss franc, the greenback edged down to 0.9875 from
an early high of 0.9895.
If the greenback extends its downtrend, it is likely to find
support around 1.12 against the euro, 100.00 against the yen and
0.97 against the franc.
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