04.10.201701:50:00UTC+00U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.

The U.S. dollar fell to 2-day lows of 1.1779 against the euro, 112.48 against the yen and 0.9709 against the Swiss franc, from yesterday's closing quotes of 1.1744, 112.84 and 0.9736, respectively.

Againstr the Canadian dollar, the greenback dropped to a 5-day low of 1.2457 from yesterday's closing value of 1.2485.

The greenback edged down to 1.3273 agianst the pound, from yesterday's closing value of 1.3236.

If the greenback extends its downtrend, it is likely to find support around 1.20 against the euro, 109.00 against the yen, 0.95 against the franc, 1.22 against the loonie and 1.36 against the pound.

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