Australian Dollar Rises Against Majors
07 February 2024 - 11:27AM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Wednesday.
The Australian dollar rose to a 5-day high of 1.6458 against the
euro, from yesterday's closing value of 1.6478.
Against the U.S. and the Canadian dollars, the aussie advanced
to 5-day highs of 0.6541 and 0.8815 from Tuesday's closing quotes
of 0.6528 and 0.8806, respectively.
The aussie edged up to 96.70 against the yen, from yesterday's
closing value of 96.50.
If the aussie extends its uptrend, it is likely to find
resistance around 1.63 against the euro, 0.68 against the
greenback, 0.89 against the loonie and 98.00 against the yen.
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