The euro weakened against most major currencies in the Asian session on Friday.
The euro fell to 0.7259 against the pound for the first time since December 2007.
Against the yen and the Swiss franc, the euro dropped to more than a 3-week low of 133.50 and a 9-day low of 1.0651 from yesterday’s closing quotes of 133.69 and 1.0664, respectively.
If the euro extends its downtrend, it is likely to find support around 0.70 against the pound, 130.05 against the yen and 1.03 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com