The U.S. dollar came off from its early highs against most major counterparts in European trading on Monday.

The greenback edged down to 102.58 against the yen, 0.9722 against the franc and 1.1148 against the euro, from its early highs of 102.80, 0.9758 and 1.1098, respectively.

The greenback slipped to 10-day lows of 1.2851 against the loonie, 0.7537 versus the aussie and 0.7215 versus the kiwi, off its early highs of 1.2922, 0.7446 and 0.7159, respectively.

The next possible support for the greenback may be found around 100.00 against the yen, 0.95 against the franc, 1.13 against the euro, 1.266 against the loonie, 0.78 against the aussie and 0.74 against the kiwi.

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