Currency Alerts

Greenback Slumps Further Versus Majors

After edging up at about 12:30 pm ET, the US dollar traded further lower against major opponents in New York afternoon trading on Wednesday. At 1:05 pm ET, the greenback dropped to new multi-day low of 1.2744 against the euro, 79.71 versus the yen, 0.9427 against the franc and a fresh multi-week low of 1.0226 versus the Australian dollar, compared to yesterday's close of 1.2686, 78.96, 0.9470 and 1.0191, respectively.

The US currency also slipped to 0.7982 against the NZ dollar and 1.0171 versus the Canadian dollar at around 1:15 pm ET from recent highs of 0.7920 and 1.0234, respectively.

Currently, the dollar is worth 79.63 against the yen, 1.5730 versus the pound, 1.2704 against the euro and 0.9456 versus the franc.

by RTTNews Staff Writer

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