News Column

Dollar Slides Against Most Majors

June 11, 2014



BRUSSELS (Alliance News) - The US dollar moved down against most major rivals in Europe on Wednesday.

Reversing from early 6-day highs of 0.9011 against the franc and 1.3521 against the euro, the greenback pared gains to 0.8980 and 1.3556, respectively.

The greenback hit a 9-day low of 101.85 against the yen from an early Asian session's high of 102.38.

Next key downside target level for the greenback lies around 0.89 against the franc, 1.365 against the euro and 101.00 against the yen.



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Source: Alliance News


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