(RTTNews) - After moving broadly sideways in the latter part of Tuesday's Asian session, the US dollar traded lower against the major currencies of Europe in the early European session.
The dollar reached 1.3672 against the euro and 0.8821 against the Swiss franc around 3:45 am ET, down from previous highs of 1.3595 and 0.8871, respectively. If the dollar weakens further, it may find target levels at 0.88 against the franc and 1.37 against the euro.
The greenback that advanced to 1.5657 against the pound in early Tuesday Asian deals reversed its course in subsequent trading hours and reached as low as 1.5720 around 3:50 am ET. On the downside, the dollar may find target around the 1.5740 level.
