U.S. Dollar Drops Against Most Majors
06 January 2025 - 1:33PM
RTTF2
The U.S. dollar weakened against most major currencies in the
Asian session on Monday.
The U.S. dollar fell to 4-day lows of 1.0333 against the euro
and 1.2449 against the pound, from Friday's closing quotes of
1.0308 and 1.2420, respectively.
Against the Swiss franc, the greenback edged down to 0.9091 from
last week's closing value of 0.9082.
If the greenback extends its downtrend, it is likely to find
support around 1.05 against the euro, 1.27 against the pound and
0.88 against the franc.
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