Australian Dollar Falls Against Majors
06 October 2015 - 09:36AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to nearly a 4-week low of 0.9245
against the Canadian dollar, from yesterday's closing value of
0.9265.
Against the yen and the euro, the aussie dropped to 85.09 and
1.5833 from yesterday's closing quotes of 85.29 and 1.5784,
respectively.
Against the U.S. and the New Zealand dollars, the aussie edged
down to 0.7066 and 1.0887 from yesterday's closing quotes of 0.7080
and 1.0907, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.91 against the loonie, 82.00 against the yen, 1.63
against the euro, 0.69 against the greenback and 1.08 against the
kiwi.
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