U.S. Dollar Falls Against Majors
November 05 2023 - 11:39PM
RTTF2
The U.S. dollar weakened against other major currencies in the
European session on Monday.
The U.S. dollar fell to nearly a 2-month low of 1.0756 against
the euro, more than a 1-1/2-month low of 1.2424 against the pound
and nearly a 2-week low of 0.8954 against the Swiss franc, from
early highs of 1.0722, 1.2365 and 0.8998, respectively.
The greenback edged down to 149.38 against the yen, from an
early high of 149.74.
Against the Australia and the Canadian dollars, the greenback
dropped to more than a 2-month low of 0.6524 and nearly a 3-week
low of 1.3629 from early lows of 0.6504 and 1.3667,
respectively.
The greenback edged down to 0.6002 against the NZ dollar, from
an early high of 0.5984. On Friday, the greenback reached more than
a 3-week high of 0.6003.
If the greenback extends its downtrend, it is likely to find
support around 1.08 against the euro, 1.25 against the pound, 0.87
against the franc, 147.00 against the yen, 0.66 against the aussie,
1.34 against the loonie and 0.61 against the kiwi.
US Dollar vs CAD (FX:USDCAD)
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US Dollar vs CAD (FX:USDCAD)
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