The U.S. dollar weakened against the other major currencies in the Asian session on Thursday.

The U.S. dollar fell to a 16-month low of 112.53 against the yen, from yesterday's closing value of 113.32.

Against the euro and the Swiss franc, the greenback dropped to 2-day lows of 1.1319 and 0.9704 fro m yesterday's closing quotes of 1.1288 and 0.9732, respectively.

Against the Australian and the New Zealand dollars, the greenback slid to 6-day lows of 0.7153 and 0.6734 from yesterday's closing quotes of 0.7094 and 0.6683, respectively.

The greenback edged down to 1.4563 against the pound and 1.3883 against the Canadian dollar, from yesterday's closing quotes of 1.4522 and 1.3922, respectively.

If the greenback extends its downtrend, it is likely to find support around 111.00 against the yen, 1.14 against the euro, 0.96 against the franc, 0.72 against the aussie, 0.68 against the kiwi, 1.47 against the pound and 1.36 against the loonie.

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