Asian session

Friday, greenback edged down from its early Asian session's new multi-day highs against euro and franc. dollar also melted down versus the British pound. At the same time US dollar crept higher against the Japanese yen.

Against the European currency, the US dollar lost ground after hitting an 8-day high of 1.3931 during early Asian deals on Friday. Thus, at 12:30 am ET, dollar touched a low of 1.4001 euro, with 1.415 seen as the next resistance level. EUR/USD pair closed Thursday’s North American deals at the level of 1.4004

The Japanese unit pared its early Friday Asian gains, easing from an 8-day high against the pound and a 4-day high against the euro and the franc. 

The Japanese market fell sharply in early trading today with the overnight fall on Wall Street on the back of weak employment report triggering a sell-off across the board. With the U.S. employers cutting more jobs in June, pushing the unemployment rate to 9.5%, its highest level in 26 years, hopes of a swift economic recovery have taken a severe beating now.

Thursday during early Asian deals, greenback crept higher against its major counterparts.

The Dow closed up by 57.06 points at 8,504, the Nasdaq rose by 10.68 points to 1,846, and the S&P 500 advanced by 4.01 points to 923.

Against the currencies of euro zone and Switzerland, dollar advanced to the highs of 1.4103 and 1.0782, respectively, by about 10:25 pm ET, with 1.424 and seen as the next likely targets.

During Thursday early Asian session, euro edged down against its major counterparts, slipping to an 8-day low against the Swiss franc.

Against its main rival the US dollar, euro weakened during early deals on Thursday, touching a low of 1.4103 at about 10:25 pm ET, with 1.400 expected as the near term resistance point.

During Tuesday's early deals, the British pound strengthened against its major counterparts, gaining to a 4-week high against the US dollar and a 2-week high against the Japanese yen as UK's consumer confidence improved in June, encouraging the overall measure of confidence for the fourth time in five months. Pound also crept higher against the currencies of euro zone and Switzerland. 

During early Asian deals on Tuesday, greenback depreciates versus majors, touching a new multi-week low against pound as an rise in Asian stocks reduced demand for the safe-haven dollar. Dollar also declined to a 6-day low versus euro and franc, while retreated from a 5-day high against the Japanese yen.

The US dollar climbed against its major counterparts, euro, pound, franc and yen during Monday's early Asian trading.

Thus, greenback soared to 95.61 against the Japanese unit, compared to 95.25 at Friday’s close. On the upside, USD/JPY rally would touch 96.1 as the next likely target. 

Dollar also advanced versus the European majors.

Monday morning in Asia, yen gained ground against the European majors, setting a 4-day high against euro after a government report showed that Japan's industrial production rose for the third consecutive month in May. At the same time the Japanese currency declined against the US dollar.