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Australian Dollar Declines Against Most Majors

07:35, 17th April 2014

(RTTNews) - Reversing direction, the Australian dollar fell against most major currencies in European deals on Thursday.

The aussie dropped to 1.0286 against the loonie and 95.34 against the yen from early highs of 1.0334 and 95.92, respectively.

The aussie fell to a 9-day low of 1.4837 against the euro, off its previous high of 1.4730.

The aussie reached as low as 0.9339 against the greenback, compared to early 2-day high of 0.9391.

The next possible downside target for the aussie lies around 0.925 against the greenback, 94.8 against the yen, 1.02 against the loonie and 1.49 against the euro.

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