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US Dollar Declines Against Most Majors 11 days ago
(RTTNews) - The US dollar traded lower against most of its major counterparts during New York morning trading on Monday. The greenback dropped to 2-week lows against the Swiss franc and euro in the same period.
Extending European session's downtrend, the greenback plunged further against the euro and the Swiss franc in New York morning deals today. At 9:10 am ET, the greenback slipped to 2-week lows of 1.5021 against the euro and 1.0057 versus the franc, compared to Friday's closing values of 1.4848 and 1.0177, respectively.
Against the Japanese yen, the greenback edged down further in today's morning session and touched a low of 89.75 by about 8:30 am ET. The pair that closed last week's New York session at 89.96, is now worth 89.83.
At the same time, the greenback ticked down to a new multi-month low of 1.6846 versus the British pound at about 5:05 am ET. Thereafter, the dollar reversed its direction versus the it British counterpart in New York morning and presently trading near 1.6753.
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