Forex News

Fall of the US dollar against major currencies

The US dollar fell against major currencies in the European session on Monday.

The dollar fell to 1.2647 against the pound and 0.9934 against the franc from early highs of 1.2571 and 0.9985, respectively.

Against the yen and franc the dollar fell to 113.25 and 1.1354 from early highs of 113.52 and 1.1300, respectively.

If the dollar continues to fall, it may find support around 1.28 against the pound, 0.98 against the franc, 112, 00 against the yen and 1.16 against the franc.