The U.S. dollar weakened against most major currencies in the Asian session on Wednesday.

The U.S. dollar fell to 1.0949 against the euro and 1.2843 against the pound, from yesterday's closing quotes of 1.0926 and 1.2836, respectively.

Against the Swiss franc, the greenback edged down to 0.9922 from yesterday's closing value of 0.9934.

If the greenback extends its downtrend, it is likely to find support around 1.11 against the euro, 1.29 against the pound and 0.97 against the franc.

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