Euro Falls Against Majors
06 August 2020 - 08:23AM
RTTF2
The euro weakened against its major counterparts in the European
session on Thursday.
The euro slipped to 2-day lows of 0.8990 versus the pound and
1.0756 against the franc, from its previous high of 0.9054 and a
2-day high of 1.0808, respectively.
Reversing from its early more than a 2-year high of 1.1916
against the greenback and near a 1-1/2-year high of 125.59 against
the yen, the euro dropped to 1.1838 and 125.04, respectively.
The euro may locate support around 0.86 against the pound, 1.05
against the franc, 1.16 against the greenback and 120.00 against
the yen.
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