The U.S. dollar weakened against the euro and the pound in the Asian session on Wednesday.

The U.S. dollar fell to nearly a 1-week low of 1.0715 against the euro, from yesterday's closing value of 1.0699.

Against the pound, the greenback slid to a 5-day low of 1.2465 from Tuesday's closing value of 1.2448.

If the greenback extends its downtrend, it is likely to find support around 1.09 against the euro and 1.28 against the pound.

Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Sep 2024 to Oct 2024 Click Here for more Sterling vs US Dollar Charts.
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Oct 2023 to Oct 2024 Click Here for more Sterling vs US Dollar Charts.