Australian Dollar Rises Against Majors
22 April 2024 - 2:01PM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Monday.
The Australian dollar rose to a 1-week high of 99.83 against the
yen and a 6-day high of 1.6530 against the euro, from Friday's
closing quotes of 99.23 and 1.6598, respectively.
Against the U.S. and the Canadian dollars, the aussie advanced
to 4-day highs of 0.6455 and 0.8855 from last week's closing quotes
of 0.6417 and 0.8825, respectively.
The aussie edged up to 1.0907 against the NZ dollar, from
Friday's closing value of 1.0887.
If the aussie extends its uptrend, it is likely to find
resistance around 101.00 against the yen, 1.63 against the euro,
0.66 against the greenback, 0.89 against the loonie and 1.10
against the kiwi.
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