Australian Dollar Falls Against Majors
29 October 2024 - 1:18PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Australian dollar fell to nearly a 3-month low of 0.6561
against the U.S. dollar and nearly a 2-week low of 1.0988 against
the NZ dollar, from yesterday's closing quotes of 0.6583 and
1.1005, respectively.
The aussie slid to a 1-week low of 100.27 against the yen, from
yesterday's closing value of 100.90.
Against the euro and the Canadian dollar, the aussie dropped to
near 1-1/2-month lows of 1.6475 and 0.9119 from Monday's closing
quotes of 1.6422 and 0.9143, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.63 against the greenback, 1.08 against the kiwi,
97.00 against the yen, 1.67 against the euro and 0.90 against the
loonie.
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