U.S. Dollar Drops Against Majors
July 15 2018 - 11:02PM
RTTF2
The U.S. dollar declined against its major counterparts in
pre-European deals on Monday.
The greenback dropped to a 4-day low of 1.0005 against the
franc, from a high of 1.0024 hit at 7:10 pm ET.
Reversing from an early high of 0.6758 against the kiwi, the
greenback edged down to 0.6783.
The greenback slipped to 5-day lows of 1.1707 against the euro,
1.3251 against the pound, 0.7440 against the aussie and 1.3137
against the loonie, from its early highs of 1.1676, 1.3225, 0.7409
and 1.3163, respectively.
The greenback eased back to 112.34 against the yen, heading to
pierce its early 4-day low of 112.20.
The greenback is likely to find support around 0.98 against the
franc, 1.19 against the euro, 1.34 against the pound, 111.00
against the yen, 0.76 against the aussie, 0.69 against the kiwi and
1.30 against the loonie.
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