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Time now: Jun 1, 12:00 AM

U.S. Dollar Drops Against Most Majors

The U.S. dollar weakened against its most major counterparts in the New York session on Tuesday.

The greenback declined to a 5-month low of 1.0946 against the euro and more than a 4-month low of 1.2961 against the pound.

The greenback retreated to 147.01 against the yen, from an early 4-day high of 148.12. This may be compared to an early more than 5-month low of 146.53.

The greenback is poised to challenge support around 1.11 against the euro, 1.31 against the pound and 141.00 against the yen.



 
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