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RTTN:U.S. Dollar Drops Against European Majors
 
The U.S. dollar lost ground against European major currencies in the early European session on Monday.

The greenback touched a 5-day low of 0.9372 against the franc and an 11-day low of 1.3192 against the euro. The greenback may test support around 0.93 against the franc and 1.325 against the euro.

The greenback fell to 1.5335 against the pound for the first time since June 27. If the greenback extends decline, its next support lies around the 1.54 area.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com
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