U.S. Dollar Weakens Against Majors
August 12 2015 - 2:34AM
RTTF2
Reversing direction, the U.S. dollar slipped against the other
major currencies ahead of European deals on Wednesday.
The greenback fell to 1.1091 against the euro, its lowest since
July 31.
The greenback was trading at 0.9837 against the franc, 124.83
against the yen and 1.5581 against the pound, reversing from an
early high of 0.9892, more than 2-month high of 125.29 and a 2-day
high of 1.5533, respectively.
The next possible support for the greenback may be located
around 1.12 against the euro, 0.97 against the franc, 1.57 against
the pound and 124.00 against the yen.
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