Australian Dollar Falls Against Majors
21 September 2017 - 12:08PM
RTTF2
The Australian dollar weakened against other major currencies in
the pre-European session on Thursday.
The Australian dollar fell to nearly a 1-month low of 1.0881
against the NZ dollar, from yesterday's closing value of
1.0915.
Against the U.S. and the Canadian dollars, the aussie dropped to
2-day lows of 0.7962 and 0.9829 from yesterday's closing quotes of
0.8031 and 0.9894, respectively.
Against the yen and the euro, the aussie slid to 89.53 and
1.4927 from an early near 2-year high of 90.30 and a 5-week high of
1.4792, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.07 against the kiwi, 0.78 against the greenback,
0.97 against the loonie, 88.00 against the yen and 1.51 against the
euro.
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