Euro Slides Against Majors
March 05 2015 - 2:02AM
RTTF2
The euro weakened against the other major currencies in the
Asian session on Thursday.
The euro fell to 1.1025 against the U.S. dollar for the first
time September 2003. At yesterday's close, the euro was trading at
1.1075 against the greenback.
Against the Canadian dollar, the euro slipped to 1.3717 for the
first time since September 2013. The pair was trading at 1.3763 at
yesterday's close.
Against the Australian dollar and the yen, the euro fell to more
than a 5-week low of 1.4112 and nearly a 5-week low of 132.14 from
yesterday's closing quotes of 1.4168 and 132.52, respectively.
The euro edged down to 0.7239 against the pound and 1.0651
against the Swiss franc, from yesterday's closing quotes of 0.7256
and 1.0667, respectively.
If the euro extends its downtrend, it is likely to find support
around 1.09 against the greenback, 1.32 against the loonie, 1.39
against the aussie, 130.09 against the yen, 0.69 against the pound
and 0.96 against the Swiss franc.
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