Extending yesterday's downtrend, the common currency lost ground against most of its major counterparts in early Asian trading on Wednesday.
The euro fell to a 20-day low of 1.5070 against the Swiss franc and a weekly low of 0.9230 against the pound by 6:25 pm ET Tuesday, compared to Tuesday's New York session closing values of 1.5101 and 0.9254, respectively.
The euro also eased to 1.3235 against the US dollar and 130.86 against the Japanese yen during the session. This may be compared to Tuesday's New York session closing values of 1.3252 and 131.18, respectively.
As of 7:30 pm, the 16-nation currency is trading at 0.9236 versus the pound, 1.5096 against the franc, 131.36 against the yen and 1.3262 per dollar.
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