U.S. Dollar Falls Against Majors

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

The U.S. dollar fell to nearly a 2-week high of 1.0685 against the euro and a 2-week low of 1.2531 against the pound, from Friday's closing quotes of 1.0591 and 1.2473, respectively.

The greenback dropped to a 6-day low of 1.0079 against the Swiss franc and a 5-day low of 111.36 against the yen, from last week's closing quotes of 1.0131 and 113.16, respectively.

Against the Australian and the New Zealand dollars, the greenback slipped to near 2-week lows of 0.7477 and 0.7091 from Friday's closing quotes of 0.7438 and 0.7042, respectively.

The greenback edged down to 1.3460 against the Canadian dollar, from an early 10-day high of 1.3537.

If the greenback extends its downtrend, it is likely to find support around 1.10 against the euro, 1.30 against the pound, 0.99 against the franc, 108.00 against the yen, 0.76 against the aussie, 0.73 against the kiwi and 1.37 against the loonie.