Australian Dollar Falls Against Majors
26 July 2017 - 11:55AM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Wednesday.
The Australian dollar fell to nearly a 2-week low of 0.9871
against the Canadian dollar and a 5-day low of 0.7887 against the
U.S. dollar, from yesterday's closing quotes of 0.9924 and 0.7936,
respectively.
Against the euro and the NZ dollar, the aussie dropped to 2-day
lows of 1.4754 and 1.0627 from yesterday's closing quotes of 1.4673
and 1.0701, respectively.
The aussie edged down to 88.32 against the yen, from an early
5-day high of 88.92.
If the aussie extends its downtrend, it is likely to find
support around 0.97 against the loonie, 0.77 against the greenback,
1.50 against the euro, 1.05 against the kiwi and 87.00 against the
yen.
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