Australian Dollar Slides Against Majors
20 January 2015 - 02:36PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday. The Australian dollar
fell to a 5-day low of 0.8159 against the U.S. dollar and a 4-day
low of 1.4189 against the euro, from yesterday's closing quotes of
0.8210 and 1.4124, respectively.
Pulling away from nearly a 2-week high of 97.15 against the yen,
the aussie edged down to 96.41, respectively.
Against the Canadian dollar, the aussie edged down to 0.9774
from yesterday's value of 0.9801. This may be compared to an early
5-day low of 0.9773.
If the aussie extends its downtrend, it is likely to find
support around 0.80 against the greenback, 1.46 against the euro,
94.10 against the yen and 0.9773 against the loonie.
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