Australian Dollar Falls Against Majors
23 December 2014 - 3:53PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to nearly a 1-year low of 0.9429
against the Canadian dollar and a 6-day low of 0.8115 against the
U.S. dollar from yesterday's closing quotes of 0.9452 and 0.8127,
respectively.
Against the euro and NZ dollar, the aussie edged down to 1.5065
and 1.0490 from yesterday's closing quotes of 1.5028 and 1.0511,
respectively.
The aussie retreated to 97.49 against the yen, from an early
high of 97.67.
If the aussie extends its downtrend, it is likely to find
support around 0.80 against the greenback, 96.15 against the yen,
1.53 against the euro, 0.93 against the loonie and 1.04 against the
kiwi.
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