The US dollar erased its post-jobless claims rally against other major currencies in mid-morning New York deals on Thursday.
The greenback fell to a fresh 7-month low of 1.5840 against the pound, 2-week low of 0.9273 against the Swiss franc and a 6-day low of 99.11 against the yen around 10:25 am ET. The dollar also challenged Asian session's near 2-week low of 1.3325 against the euro around the same time.
On the downside, the US currency may find support levels at 1.3340 against the common currency, 1.5880 against the pound, 98.50 against the yen and 0.9250 against the Swiss franc.
For comments and feedback contact: editorial@rttnews.com
Forex News