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AFP: Dollar weakens against euro, pound
 
US dollar showed weakness against its European counterparts in early European trade Tuesday while it climbed to a 4-day high against the Japanese yen.

The dollar declined to a 4-day low against the British pound. The dollar that closed Monday's North American session at 1.4269 against the pound declined to a 4-day low of 1.4341.

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Against the European currency, the dollar traded down during early deals on Tuesday. The dollar touched a low of 1.3275 against the euro, compared to 1.3201 hit late New York Monday.

Against the Swiss franc, the US currency edged down during Tuesday's early deals. the dollar-franc pair touched 1.1444, down from Monday's closing value of 1.1486. If the pair falls further, 1.117 is seen as the next target level.

The US dollar that closed Monday's New York deals at 97.27 against the Japanese yen hit a 4-day high of 98.45. On the upside, 98.8 is seen as the next target level for the pair. The dollar-yen pair is currently quoted at 98.19.
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