News Column

Euro Declines Against Majors

July 16, 2014



BRUSSELS (Alliance News) - The euro slipped against the other major currencies in Asian session on Thursday

The euro fell to 2-day low of 1.2144 against the franc and more than a 5-month low of 137.23 versus the yen, compared to yesterday's closing values of 1.2147 and 137.46, respectively.

The euro fell to 1.3522 against the greenback and a session's low of 0.7889 against the pound, easing from early highs of 1.3533 and 0.7895, respectively.

If the euro slides further, it is likely to find support around 1.21 against the franc, 136.6 against the yen, 0.78 against the pound and 1.348 against the greenback.



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Source: Alliance News


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