The Australian dollar has been declining against most major rivals during New York trading on Wednesday.

The aussie fell to a 2-day low of against the loonie, weekly low of 95.32 against the yen and near a 2-week low of 0.7873 against the greenback.

The aussie reversed from an early high of 1.4012 against the euro, declining to 1.4105.

The aussie is likely to find support around 0.75 against the greenback, 92.5 against the yen, 1.45 against the euro and 0.95 against the loonie.

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