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

U.S. Dollar Slides Against Most Majors

10/12/2017 - 02:13:00 (RTTNews)

(RTTNews) - The U.S. dollar slipped against most major opponents in pre-European deals on Thursday.

The greenback dropped to an 8-day low of 0.9715 against the franc and more than a 2-week low of 1.1880 against the euro, from Wednesday's closing values of 0.9732 and 1.1858, respectively.

The greenback reversed from an early high of 112.52 against the yen, edging down to 112.26.

The greenback is likely to challenge support around 111.00 against the yen, 0.96 against the franc and 1.20 against the euro.

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