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LSE: Euro Falls Against Most Majors |
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BRUSSELS (Alliance News) - The euro weakened against most major currencies in the early European session on Monday.
The euro fell to nearly a 4-week low of 1.0555 against the US dollar, from an early high of 1.0618.
Pulling away from an early 4-day high of 0.7269 against the pound, the euro depreciated to 0.7231.
Against the yen, the euro edged down to 127.37 from an early high of 127.82.
If the euro extends its downtrend, it is likely to find support around 1.03 against the greenback, 0.71 against the pound and 126.00 against the yen.
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