The US dollar traded lower against major opponents during New York mid-day trading on Friday. The greenback dropped to new multi-week low against the British pound, new multi-day lows against the franc and the euro in the same period.
Extending previous session downtrend, the greenback declined further against the British currency in New York deals today. At 12:10 pm ET, the greenback dropped to 1.5392 versus the sterling, compared to yesterday’s close of 1.5282. This set the lowest mark for the dollar since February 26, 2010.
After edging up in early morning deals, the greenback reversed its direction against the euro and the Swiss franc in today’s mid-day trading. The greenback slipped to 1.3492 against the euro rand 1.0658 versus the franc at about 11:20 am ET from early highs of 1.3367 and 1.0765, respectively.
The US currency that hit a multi-day high of 93.78 versus the Japanese yen at around 8:25 am ET, reversed its direction in mid-day deals today. The greenback-yen pair fell to 93.13, which may be compared to Thursday’s New York session close of 93.39. As of now, the pair is worth 93.26.
The dollar also edged down against the Australian dollar and the New Zealand dollar during New York mid-day deals. The greenback declined to a new multi-month low of 0.9345 against the Aussie and a fresh multi-week low of 0.7178 versus the kiwi at about 11:30 am ET, which may be compared to yesterday’s closing values of 0.9290 and 0.7075, respectively.
