Australian Dollar Off Early Lows Against Most Majors
24 October 2016 - 01:59PM
RTTF2
Reversing direction, the Australian dollar advanced against its
most major rivals in pre-European deals on Monday.
The aussie bounced off to 0.7634 against the greenback, 1.4256
against the euro and 79.22 against the yen, from its early lows of
0.7591, 1.4318 and 78.88, respectively.
The aussie spiked up to more than a 2-year high of 1.0178
against the loonie, from its previous low of 1.0133.
The aussie is likely to find resistance around 0.78 against the
greenback, 82.00 against the yen, 1.40 against the euro and 1.03
against the loonie.
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