U.S. Dollar Slips Against Majors
August 25 2016 - 10:41PM
RTTF2
The U.S. dollar drifted lower against its major opponents in
pre-European deals on Friday.
The greenback fell to a 2-day low of 1.1308 against the euro at
2:15 am ET, compared to Thursday's closing value of 1.1279.
The greenback reversed from an early high of 100.59 against the
yen and was trading lower at 100.45.
The greenback retreated to 0.9649 against the franc and 1.3221
against the pound, off its early highs of 0.9683 and 1.3185,
respectively.
The greenback slid to 3-day lows of 0.7647 against the aussie
and 1.2892 against the loonie, from its previous highs of 0.7615
and 1.2922, respectively.
The greenback that rose to 0.7290 against the kiwi at 5:00 pm ET
reversed direction and edged down to 0.7326.
If the greenback extends slide, it may find support around 97.5
against the yen, 0.95 against the franc, 1.35 against the pound,
1.15 against the euro, 0.78 against the aussie, 1.27 against the
loonie and 0.75 against the kiwi.
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