Australian Dollar Falls Against Majors
18 August 2017 - 11:15AM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Friday.
The Australian dollar fell to a 1-week low of 86.03 against the
yen and a 2-day low of 1.4881 against the euro, from yesterday's
closing quotes of 86.37 and 1.4867, respectively.
Against the U.S., the New Zealand and the Canadian dollars, the
aussie dropped to 2-day lows of 0.7869, 1.0809 and 0.9985 from
yesterday's closing quotes of 0.7883, 1.0824 and 0.9997,
respectively.
If the aussie extends its downtrend, it is likely to find
support around 85.00 against the yen, 1.51 against the euro, 0.76
against the greenback, 1.06 against the kiwi and 0.98 against the
loonie.
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