Australian Dollar Falls Against Majors
24 May 2024 - 12:18PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Friday.
The Australian dollar fell to nearly a 2-week low of 0.6592
against the U.S. dollar and more than a 3-week low of 1.6395
against the euro, from yesterday's closing quotes of 0.6606 and
1.6366, respectively.
The aussie slipped to 103.50 against the yen, from yesterday's
closing value of 103.65.
Against the Canada and the New Zealand dollars, the aussie edged
down to 0.9055 and 1.0818 from Thursday's closing quotes of 0.9067
and 1.0826, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.64 against the greenback, 1.65 against the euro,
101.00 against the yen, 0.89 against the loonie and 1.07 against
the kiwi.
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