U.S. Dollar Falls Against Majors
18 July 2017 - 9:53AM
RTTF2
The U.S. dollar weakened against other major currencies in the
Asian session on Tuesday.
The U.S. dollar fell to a 14-month low of 1.1538 against the
euro, nearly a 3-week low of 111.99 against the yen and more than a
2-week low of 0.9588 from yesterday's closing quotes of 1.1478,
112.61 and 0.9624, respectively.
Against the pound and the Canadian dollar, the greenback edged
down to 1.3099 and 1.2645 from yesterday's closing quotes of 1.3052
and 1.2695, respectively.
If the greenback extends its downtrend, it is likely to find
support around 1.16 against the euro, 110.00 against the yen, 0.94
against the franc, 1.31 against the pound and 1.25 against the
loonie.
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