Euro Falls Against Majors
12 April 2017 - 10:47AM
RTTF2
The euro weakened against the other major currencies in the
Asian session on Wednesday.
The euro fell to nearly a 5-month low of 115.93 against the yen,
from yesterday's closing value of 116.23.
Against the U.S. and the Canadian dollars, the euro dropped to
1.0595 and 1.4125 from yesterday's closing quotes of 1.0604 and
1.4133, respectively.
The euro slipped to 1.0680 against the Swiss franc, from an
early high of 1.0688.
The euro edged down to 0.8486 against the pound, from an early
high of 0.8499. This may be compared to an early near 2-week low of
0.8485.
If the euro extends its downtrend, it is likely to find support
around 114.00 against the yen, 1.04 against the greenback, 1.40
against the loonie, 1.05 against the franc and 0.83 against the
pound.
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