U.S. Dollar Falls Against Majors
May 20 2025 - 8:42PM
RTTF2
The U.S. dollar weakened against other major currencies in the
Asian session on Wednesday.
The U.S. dollar fell to more than a 3-week low of 1.3436 against
the pound and nearly a 2-week low of 143.73 against the yen, from
yesterday's closing quotes of 1.3398 and 144.32, respectively.
Against the euro and the Swiss franc, the greenback slipped to
2-week lows of 1.1340 and 0.8221 from Tuesday's closing quotes of
1.1288 and 0.8268, respectively.
The greenback edged down to 0.6453 against the Australian
dollar, from yesterday's closing value of 0.6426.
Against the New Zealand and the Canadian dollars, the greenback
slid to a 1-week low of 0.5950 and nearly a 2-week low of 1.3887
from Tuesday's closing quotes of 0.5928 and 1.3909,
respectively.
If the greenback extends its downtrend, it is likely to find
support around 1.35 against the pound, 140.00 against the yen, 1.18
against the euro, 0.80 against the franc, 0.66 against the aussie,
0.60 against the kiwi and 1.37 against the loonie.
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