Dollar extends the fall

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Jun 15

Greenback continues falling against major rivals, as comodities get a boost from stocks that rose on easing concerns regarding euro zone sovereign debt crisis. Euro has been quite stable above 1.2150 static resistance area since breaking above the level past Monday, and investors seem to be again comfortable turning back to riskier assets; Australian dollar has been rising steadily since 0.8500 low reached past Asian session, consolidating now above 0.8600 against dollar, while GBP/USD hold above 1.4800, close to the monthly high reached earlier today at 1.4836

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