Australian Dollar Falls Against Majors
28 July 2015 - 12:10PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to a 6-year low of 0.7256 against the
U.S. dollar, from yesterday's closing value of 0.7268.
Against the euro, the NZ dollar and the yen, the aussie dropped
to nearly a 7-1/2-month low of 1.5276, more than a 1-1/2-month low
of 1.0949 and nearly a 3-week low of 89.33 from yesterday's closing
quotes of 1.5247, 1.1004 and 89.58, respectively.
The aussie edged down to 0.9461 against the Canadian dollar,
from yesterday's closing value of 0.9471.
If the aussie extends its downtrend, it is likely to find
support 0.68 against the greenback, 1.53 against the euro, 1.06
against the kiwi, 88.00 against the yen and 0.93 against the
loonie.
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