The U.S. dollar dropped against most major currencies ahead of European deals on Thursday.
The greenback hit weekly lows of 1.1388 against the euro and 0.9140 against the franc, compared to Wednesday’s closing values of 1.1353 and 0.9165, respectively.
The greenback pared gains to session’s low of 119.03 against the yen, from an early high of 119.33.
The greenback is likely to face support around 118.00 against the yen, 1.15 against the euro and 0.90 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com