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 U.S. Dollar Declines Against Some Majors

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PostSubject: U.S. Dollar Declines Against Some Majors   U.S. Dollar Declines Against Some Majors Icon_minitimeFri Sep 07, 2012 10:07 am

U.S. Dollar Declines Against Some Majors


In European morning deals on Friday, the U.S. dollar has been falling against the pound, euro and the Canadian dollar.
The greenback fell to 1.5961 against the pound, its lowest level since mid May. If the greenback slides further, it may target 1.60 level.
The dollar also lost ground against the European single currency, falling to a 2-month low of 1.2668.
Against its Canadian counterpart, the greenback hit new a 4-month low of 0.9810 with 0.97 seen as the next downside target level.

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