Australian Dollar Extends Fall Against Most Majors

05:12, 31st July 2014

(RTTNews) - The Australian dollar extended fall against most major currencies in the early European session on Thursday.

The Australian dollar fell to nearly a 2-month low of 0.9288 against the U.S. dollar, from an early high of 0.9331.

Against the yen and the Canadian dollar, the aussie slipped to an 8-day low of 95.47 and a 5-day low of 1.0138 from early highs of 95.94 and 1.0175, respectively.

If the aussie extends its decline, it is likely to find support around 1.45 against the euro, 0.922 against the greenback, 95.03 against the yen and 1.00 against the loonie.