U.S. Dollar Falls Against Majors
August 31 2015 - 8:12PM
RTTF2
The U.S. dollar weakened against the other major currencies in
the Asian session on Tuesday.
The U.S. dollar fell to a 5-day low of 120.58 against the yen
and a 4-day low of 1.1276 against the euro, from yesterday's
closing quotes of 121.21 and 1.1208, respectively.
Against the pound and the Swiss franc, the greenback dropped to
1.5404 and 0.9607 from yesterday's closing quotes of 1.5341 and
0.9669, respectively.
Against the Australia, the New Zealand and the Canadian dollars,
the greenback edged down to 0.7140, 0.6386 and 1.3123 from
yesterday's closing quotes of 0.7112, 0.6335 and 1.3138,
respectively.
If the greenback extends its downtrend, it is likely to find
support around 118.00 against the yen, 1.15 against the euro, 1.55
against the pound, 0.93 against the franc, 0.72 against the aussie,
0.66 against the kiwi and 1.29 against the loonie.
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