Australian Dollar Drops Against Majors
March 20 2017 - 9:04PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to a 6-day low of 1.0929 against the
NZ dollar and a 4-day low of 1.3967 against the euro, from
yesterday's closing quotes of 1.0956 and 1.3893, respectively.
Against the U.S. dollar, the yen and the Canadian dollar, the
aussie slipped to 0.7701, 86.79 and 1.0282 from yesterday's closing
quotes of 0.7727, 86.99 and 1.0320, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.08 against the kiwi, 1.41 against the euro, 0.75
against the greenback, 86.00 against the yen and 1.01 against the
loonie.
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