Australian Dollar Rises Against Majors
02 January 2025 - 10:59AM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Thursday.
The Australian dollar rose to a 1-week high of 1.6668 against
the euro and a 3-day high of 97.87 against the yen, from
yesterday's closing quotes of 1.6723 and 97.10, respectively.
Against the U.S. and the Canadian dollars, the aussie advanced
to 2-day highs of 0.6223 and 0.8944 from Wednesday's closing quotes
of 0.6190 and 0.8904, respectively.
The aussie edged up to 1.1071 against the NZ dollar, from
yesterday's closing value of 1.1061.
If the aussie extends its uptrend, it is likely to find
resistance around 1.64 against the euro, 99.00 against the yen,
0.63 against the greenback, 0.91 against the loonie and 1.12
against the kiwi.
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