U.S. Dollar Drops Against Most Majors
(RTTNews) - 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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The euro strengthened against other major currencies in the European session on Tuesday.
The euro rose to 8-day highs of 0.9441 against the Swiss franc, 1.0434 against the U.S. dollar and 164.55 against the yen, from early lows of 0.9396, 1.0376 and 163.71, respectively.
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Swiss Franc Weakens Against Majors
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Euro Rises Against Majors
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The euro rose to a 6-day high of 0.9391 against the Swiss franc and a 4-day high of 0.8315 against the pound, from early lows of 0.9369 and 0.8286, respectively.
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