Australian Dollar Rises Against Majors

22:29, 30th June 2015

(RTTNews) - The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday.

The Australian dollar rose to nearly a 4-week high of 0.9663 against the Canadian dollar and a 2-day high of 1.4394 against the euro, from yesterday's closing quotes of 0.9624 and 1.4445, respectively.

Against the U.S. dollar and the yen, the aussie advanced to 5-day highs of 0.7737 and 94.79 from yesterday's closing quotes of 0.7702 and 94.36, respectively.

If the aussie extends its uptrend, it is likely to find resistance around 0.98 against the loonie, 1.41 against the euro, 0.79 against the greenback and 96.00 against the yen