U.S. Dollar Slides Against Most Majors
July 21 2017 - 3:37AM
RTTF2
The U.S. dollar declined against most major opponents in the
European session on Friday.
Reversing from an early high of 1.2954 against the pound, the
greenback dropped to 1.3020.
The greenback slipped to a 14-1/2-month low of 0.9490 versus the
franc and more than a 3-week low of 111.43 against the yen, off its
early highs of 0.9523 and 112.08, respectively.
Extending early slide, the greenback weakened to near a 1-year
low of 0.7450 versus the kiwi. This may be compared to a high of
0.7394 hit at 5:00 pm ET.
The greenback reversed from its early 3-day high of 0.7875
versus the aussie, easing to 0.7929.
Next likely support for the greenback is seen around 0.93
against the franc, 110.00 against the yen, 1.32 against the pound,
0.80 against the aussie and 0.76 against the kiwi.
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