Wednesday morning in Asia, the European common currency edged down against its major counterparts.

The euro fell to a weekly low of 1.5148 against the Swiss franc by 8:05 pm ET, compared to Tuesday's New York session closing value of 1.5165. The euro-franc pair is presently worth 1.515 with 1.493 seen as the next target level.

The euro also declined to 1.3251 against the US dollar and 133.23 against the Japanese yen by this time. This may be compared to Tuesday's North American session closing values of 1.3273 and 133.30, respectively.

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