US Dollar Extends Decline Against European Majors

Brussels (Feb 13)  The US dollar extended fall against European major currencies in European morning deals on Thursday.

The greenback touched a 2-day low of 1.3676 against the euro and nearly a 3-week low of 1.6652 against the pound. Against the franc, the greenback fell to 0.8928, its lowest level since January 24.

The greenback may face downside target around 0.885 against the franc, 1.37 against the euro and 1.70 against the pound.

(Alliance News)