Australian Dollar Falls Against Majors
March 01 2015 - 10:20PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Monday.
The Australian dollar fell to a 6-day low of 0.776 against the
U.S. dollar and nearly a 2-week low of 0.9716 against the Canadian
dollar, from Friday's closing quotes of 0.7818 and 0.9771,
respectively.
Against the euro, the aussie dropped to 1.4381 from an early
near 5-week high of 1.4313. At Friday's close, the aussie was
trading at 1.4326 against the euro.
The aussie edged down to 93.09 against the yen, from last week's
closing value of 93.50.
If the aussie extends its downtrend, it is likely to find
support around 0.75 against the greenback, 89.35 against the yen,
1.48 against the euro and 0.95 against the loonie.
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