News Column

US Dollar Slides Against Most Majors

July 17, 2014

BRUSSELS (Alliance News) - The US dollar weakened against most major currencies in the early European session on Thursday.

The US dollar fell to a 2-day low of 101.43 against the yen, from an early high of 101.68.

Against the euro and the Swiss franc, the greenback slipped to 1.3535 and 0.8972 from early highs of 1.3519 and 0.8984, respectively.

If the greenback extends its decline, it is likely to find support around 1.36 against the euro, 101.06 against the yen and 0.88 against the Swiss franc.

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Source: Alliance News

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