Australian Dollar Falls Against Majors
03 July 2015 - 1:06PM
RTTF2
The Australian dollars weakened against the other major
currencies in the Asian session on Friday.
The Australian dollar fell to more than a 2-1/2-month low of
0.7579 against the U.S. dollar, from yesterday's closing value of
0.7631.
The aussie dropped to a 4-day low of 93.24 against the yen and a
3-day low of 1.4629 against the euro, from yesterday's closing
quotes of 93.90 and 1.4519, respectively.
Against the New Zealand and the Canadian dollars, the aussie
slipped to 3-day lows of 1.1282 and 0.9519 from yesterday's closing
quotes of 1.1349 and 0.9562, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.74 against the greenback, 91.00 against the yen,
1.48 against the euro, 1.07 against the kiwi and 0.93 against the
loonie.
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