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U.S. Dollar Falls Against Most Majors

The U.S. dollar weakened against most major currencies in the Asian session on Monday.

The U.S. dollar fell to a 4-day low of 1.1748 against the euro, from Friday's closing value of 1.1733.

The greenback dropped to 1.3102 against the pound, from last week's closing value of 1.3064.

Against the Swiss franc and the Canadian dollar, the greenback edged down to 0.9744 and 1.2526 from early highs of 0.9785 and 1.2544, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.19 against the euro, 1.34 against the greenback, 0.96 against the franc and 1.23 against the loonie.

by RTT Staff Writer

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