The U.S. dollar weakened against the other major currencies in the Asian session on Thursday.
The greenback fell to 2-day lows of 0.9834 against the Swiss franc and 120.06 against the yen, from early highs of 0.9873 and 120.51, respectively.
Against the pound, the greenback retreated to 1.5558 from an early high of 1.5533. This may be compared to an early 2-day low of 1.5569.
Against the euro, the greenback edged down to 1.2219 from an early high of 1.2187.
If the greenback extends its downtrend, it is likely to find support around 1.227 against the euro, 1.56 against the pound, 0.97 against the Swiss franc and 118.60 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com