Australian Dollar Falls Against Majors
26 April 2017 - 11:24AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Wednesday.
The Australian dollar fell to nearly a 4-month low of 1.4571
against the euro, from yesterday's closing value of 1.4501.
Against the U.S. and the Canadian dollars, the aussie dropped to
a 6-day low of 0.7506 and a 2-day low of 1.0189 from yesterday's
closing quotes of 0.7534 and 1.0226, respectively.
Against the yen and the NZ dollar, the aussie edged down to
83.49 and 1.0821 from an early 3-week high of 84.02 and nearly a
3-week high of 1.0863, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.47 against the euro, 0.73 against the greenback,
1.00 against the loonie, 81.00 against the yen and 1.06 against the
kiwi.
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