U.S. Dollar Weakens Against Majors
15 October 2018 - 3:01PM
RTTF2
The U.S. dollar traded lower against its major counterparts in
early European deals on Monday.
The greenback declined to near a 4-week low of 111.70 against
the yen, from a high of 112.24 touched at 7:15 pm ET.
The greenback dropped to 0.9895 against the franc, 1.1575
against the euro and 1.3130 against the pound, coming off from its
early highs of 0.9921 and 1.1540, and a 6-day high of 1.3083,
respectively.
The greenback slipped to 0.7130 against the aussie and 0.6523
against the kiwi, reversing from its early 4-day highs of 0.7099
and 0.6494, respectively.
If the greenback drops further, it may find support around
110.00 against the yen, 0.97 against the franc, 1.17 against the
euro, 1.33 against the pound, 0.73 against the aussie and 0.67
against the kiwi.
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