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2008.12.1700:05:00UTC+00Dollar Declines To 2 1/2 -month Low Against Euro And Franc

The US dollar showed weakness against its European and Swiss counterparts during Asian deals on Wednesday. At about 11:50 pm ET, the dollar touched a 2 1/2 -month low of 1.4194 per euro and 1.1096 against the franc, compared to yesterday's close of 1.4031 and 1.1235, respectively. The next downside target level for the dollar is seen at 1.44 against the euro and 1.069 against the franc.

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