Australian, NZ Dollars Extend Decline Against Majors
27 May 2015 - 12:34AM
RTTF2
The Australian and New Zealand dollars extended their early
decline against the other major currencies in New York deals on
Tuesday.
The aussie fell to more than a 2-week low of 1.0674 against the
kiwi, near 5-week low of 0.7735 against the greenback and a 4-day
low of 1.4091 against the euro, off early high of 1.0718, session's
high of 0.7839 and a multi-week high of 1.3949, respectively.
The aussie reversed from an early 4-day high of 95.76 against
the yen and eased to 95.33.
The kiwi also slipped to a 2-1/2-month low of 0.7228 against the
greenback and a 4-day low of 1.5079 versus the euro, reversing from
previous 4-day high of 0.7321 and near a 3-week high of 1.4934,
respectively.
The kiwi edged down to 89.09 against the yen, from near a 2-week
high of 89.61 hit in early deals.
The aussie may find support around 0.75 against the greenback,
94.00 against the yen, 1.42 against the euro and 1.05 against the
kiwi. Meanwhile, the kiwi is likely to find support around 0.70
against the greenback, 87.5 against the yen and 1.54 against the
euro.
AUD vs Yen (FX:AUDJPY)
Forex Chart
From Mar 2024 to Apr 2024
AUD vs Yen (FX:AUDJPY)
Forex Chart
From Apr 2023 to Apr 2024
