Australian Dollar Falls Against Majors
April 01 2015 - 11:18PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Thursday.
The Australian dollar fell to nearly a 3-month low of 0.9546
against the Canadian dollar and a 2-month low of 90.52 against the
yen, from yesterday's closing quotes of 0.9588 and 90.98,
respectively.
Against the euro and the U.S. dollar, the aussie dropped to a
4-week low of 1.4220 against the euro and a 3-week low of 0.7567
against the U.S. dollar from yesterday's closing quotes of 1.4161
and 0.7598, respectively.
The aussie slipped to a 2-day low of 1.1016 against the NZ
dollar, from yesterday's closing value of 1.0193.
If the aussie extends its downtrend, it is likely to find
support around 0.94 against the loonie, 89.00 against the yen, 1.43
against the euro, 0.74 against the greenback and 1.00 against the
kiwi.
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