The U.S. dollar fell back against European major currencies in European deals on Monday.

The greenback slipped to 1.4949 against the pound, its lowest since February 26.

The greenback edged down to 0.9499 against the franc and 1.1001 against the euro, from early highs of 0.9534 and 1.0965, respectively.

The greenback is likely to find support around 0.93 against the franc, 1.15 against the euro and 1.50 against the pound.

The material has been provided by InstaForex Company – www.instaforex.com