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Forex News: Euro Slides Against Most Majors

Euro Slides Against Most Majors

09/26/2017 - 05:21:00 (RTTNews)

(RTTNews) - The euro weakened against most major currencies in the European session on Tuesday.

The euro fell to more than a 2-month low of 0.8754 against the pound, from an early high of 0.8799.

Against the U.S. dollar and the yen, the euro dropped to a 1-month low of 1.1810 and nearly a 2-week low of 131.88 from early highs of 1.1861 and 132.52, respectively.

If the euro extends its downtrend, it is likely to find support around 0.85 against the pound, 1.16 against the greenback and 129.00 against the yen.

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