Australian Dollar Falls Against Majors
19 October 2016 - 11:55AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Wednesday.
The Australian dollar fell to 1.4342 against the euro, from an
early near 1-1/2-year high of 1.4290.
Against the U.S. dollar, the aussie dropped to 0.7661 from an
early more than a 2-week high of 0.7690.
Against the yen, the New Zealand and the Canadian dollars, the
aussie edged down to 79.54, 1.0625 and 1.0064 from yesterday's
closing quotes of 79.83, 1.0658 and 1.0064, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.46 against the euro, 0.75 against the greenback,
77.00 against the yen, 1.04 against the kiwi and 0.99 against the
loonie.
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