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Forex News: U.S. Dollar Slides Against Most Majors

U.S. Dollar Slides Against Most Majors

04/20/2017 - 05:03:00 (RTTNews)

(RTTNews) - The U.S. dollar declined against most major counterparts in early European deals on Thursday.

The greenback reversed from an early high of 1.2773 versus the pound, edging down to 1.2842.

The greenback that closed yesterday's trading at 1.0711 versus the euro and 0.9982 against the Swiss franc slipped to more than 3-week lows of 1.0776 and 0.9945, respectively.

Retreating from an early high of 0.7493 against the aussie, the greenback dropped to 0.7532.

The greenback is likely to find support around 0.77 against the aussie, 1.30 against the pound, 0.98 against the franc and 1.09 against the euro.

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