(RTTNews) - The euro fell against most major counterparts in the Asian session on Friday.
The euro is now trading at 1.2022 against the franc and 1.4145 against the greenback, compared to yesterday's close of 1.2040 and 1.4205, respectively. If the euro weakens further, it may find target at 1.20 against the franc and 1.41 against the greenback.
Against the pound and the yen, the euro is now quoted at 0.8778 and 114.06, respectively. The next downside target levels for the euro are seen at 0.8793 against the pound and 113.00 versus the yen. At yesterday's close, the euro was worth 0.875 against the pound and 114.56 versus the yen.
Japanese total cash earnings decreased for the second straight month in April, final data published by the Ministry of Health, Labor and Welfare showed. Total labor cash earnings fell by 1.4 percent year-on-year in April.
The European currency also fell to as low as 1.3914 against the loonie with 1.38 seen as the next downside target level. The euro-loonie pair closed Thursday's trading at 1.3941.
Looking ahead to the European session, Eurozone trade data for April is due for release.
Canada's wholesale sales data for April, preliminary figures of university of Michigan confidence for June from U.S are expected in the New York session.
