Australian Dollar Falls Against Majors
19 May 2015 - 12:50PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to 6-day lows of 0.7956 against the
U.S. dollar and 95.43 against the yen, from yesterday's closing
quotes of 0.7986 and 95.84, respectively.
Pulling away from an early 6-day high of 1.0849 against the NZ
dollar and a 4-day high of 1.4145 against the euro, the aussie
dropped to 1.0796 and 1.4203, respectively.
Against the Canadian dollar, the aussie edged down to 0.9681
from yesterday's closing value of 0.9711.
If the aussie extends its downtrend, it is likely to find
support around 0.76 against the greenback, 93.00 against the yen,
1.06 against the kiwi, 1.44 against the euro and 0.94 against the
loonie.
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