Australian Dollar Falls Against Majors
21 May 2024 - 1:29PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Australian dollar fell to a 4-day low of 103.92 against the
yen, from yesterday's closing value of 103.34.
Against the U.S. dollar, the euro and the Canadian dollar, the
aussie dropped to 6-day lows of 0.6646, 1.6327 and 0.9067 from
yesterday's closing quotes of 0.6667, 1.6279 and 0.9089,
respectively.
The aussie edged down to 1.0909 against the NZ dollar, from
Monday's closing value of 0.9089.
If the aussie extends its downtrend, it is likely to find
support around 102.00 against the yen, 0.65 against the greenback,
1.65 against the euro, 0.89 against the loonie and 1.08 against the
kiwi.
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