Australian Dollar Falls Against Majors
29 November 2016 - 10:51AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to 0.7458 against the U.S. dollar,
from an early near 2-week high of 0.7497.
Against the euro and the yen, the aussie dropped to 1.4202 and
83.61 from yesterday's closing quotes of 1.4181 and 83.73,
respectively.
Against the Canadian and New Zealand dollars, the aussie edged
down to 1.0017 and 1.0547 from yesterday's closing quotes of 1.0007
and 1.0575, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.73 against the greenback, 1.45 against the euro,
81.00 against the yen, 0.98 against the loonie and 1.04 against the
kiwi.
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