Australian Dollar Drops Against Majors
June 20 2017 - 9:15PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Wednesday.
The Australian dollar fell to a 1-week low of 0.7555 against the
U.S. dollar and a 5-day low of 84.05 against the yen, from
yesterday's closing quotes of 0.7579 and 84.46, respectively.
Against the euro and the NZ dollar, the aussie dropped to 2-day
lows of 1.4736 and 1.0457 from yesterday's closing quotes of 1.4688
and 1.0467, respectively.
The aussie edged down to 1.0030 against the Canadian dollar,
from yesterday's closing value of 1.0055.
If the aussie extends its downtrend, it is likely to find
support around 0.73 against the greenback, 82.00 against the yen,
1.50 against the euro, 1.03 against the kiwi and 0.99 against the
loonie.
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