The dollar dropped today against its major counterpart the Union currency and other majors during the Asian session, after International Monetary Fund (IMF) called the European economies to calm investor's doubts about the stability of debt crisis in the region, which returned confidence to the markets, pushing investors to buy high-yielding assets over the dollar.

The shared currency against the American dollar declined slightly during today's trading session, and now the pair trades around 1.3332, recording a high of 1.3357 and a low of 1.3322, while the pair faces a resistance at 1.3360. On the other hand, the daily momentum indicators show the pair in an overbought area, which limit the pair's upside movement.

The pound/dollar pair dropped during the Asian session, and now the pair trades around 1.5827, recording the highest at 1.5848 and the lowest at 1.5819, where the pound faces a support at 1.5880. The daily and four hours momentum indicators show the pair in an overbought area, which may limit the pair's upside movement.

The dollar/yen pair retreated during the Asian session, and now the pair trades around 82.60 levels, recording a high of 82.79 and the low of 82.55, while the pair faces a support at 82.30. The daily and four hours momentum indicators give selling signs.