The euro weakened against the other major currencies in New York deals on Thursday, as U.S. stocks fell amid profit taking and due to corporate earnings.
Markets are also looking ahead to a speech from European Central Bank President Mario Draghi at 11 am ET in Washington, where he is participating in a panel discussion with Federal Reserve Vice Chair Stanley Fischer.
Reversing from an early high of 1.2127 against the franc, the euro fell to a 6-day low of 1.2093. The euro may test support around the 1.20 level.
The euro was trading at 137.05 against the yen and 1.2702 against the greenback, off early high of 137.86 and a new 2-week high of 1.2790, respectively. The next possible support for the euro lies around 136.00 against the yen and 1.26 against the greenback.
The euro hit a 2-day low of 0.7854 against the pound, retreating from an early high of 0.7894. If the euro extends slide, it may eye support around the 0.78 mark.
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