Dollar Extends Slide Against European Majors

April 7, 2014

Brussels ( Apr 7 )    The US dollar continued its early decline against European major currencies in New York morning deals on Monday.

The greenback that ended Friday's deals at 0.8924 against the franc, 1.3703 against the euro and 1.6575 against the pound declined to 4-day lows of 0.8874, 1.3746 and 1.6618, respectively. The greenback may test support levels around 0.88 against the franc, 1.38 against the euro and 1.67 against the pound.

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