U.S. Dollar Falls Against Majors
26 August 2024 - 11:37AM
RTTF2
The U.S. dollar weakened against other major currencies in the
Asian session on Monday.
The U.S. dollar fell to more than a 1-year low of 1.1202 against
the euro, from Friday's closing value of 1.1190.
Against the yen and the Swiss franc, the greenback dropped to
3-week lows of 143.45 and 0.8457 from last week's closing quotes of
144.37 and 0.8479, respectively.
The greenback edged down to 1.3223 against the pound, from
Friday's closing value of 1.3209.
Against Australia, the New Zealand and the Canadian dollars, the
greenback edged down to 0.6797, 0.6233 and 1.3499 from recent highs
of 0.6773, 0.6213 and 1.3514, respectively.
If the greenback extends its downtrend, it is likely to find
support around 1.13 against the euro, 141.00 against the yen, 0.83
against the franc, 1.33 against the pound, 0.69 against the aussie,
0.64 against the kiwi and 1.33 against the loonie.
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