Australian Dollar Recovers Against Majors
18 July 2024 - 11:58AM
RTTF2
The Australian dollar recovered from recent losses against other
major currencies in the Asian session on Thursday.
The Australian dollar rose to 105.48 against the yen and 1.6220
against the euro, from a recent 1-month low of 104.62 and more than
a 1-month low of 1.6284, respectively.
Against the U.S. and the Canadian dollars, the aussie advanced
to 0.6742 and 0.9221 from a recent 2-day low of 0.6715 and a 1-week
low of 0.9189, respectively.
The aussie edged up to 1.1100 against the NZ dollar, from a
recent low of 1.1063.
If the aussie extends its uptrend, it is likely to find
resistance around 110.00 against the yen, 1.60 against the euro,
0.68 against the greenback, 0.94 against the loonie and 1.12
against the kiwi.
AUD vs CAD (FX:AUDCAD)
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