Australian Dollar Falls Against Majors
July 07 2015 - 4:22AM
RTTF2
The Australian dollar weakened against the other major
currencies in the early European session on Tuesday.
The Australian dollar fell to a 6-year low of 0.7424 against the
U.S. dollar and a 5-month low of 1.4811 against the euro, from
early highs of 0.7500 and 1.4707, respectively.
Against the yen and the Canadian dollar, the aussie dropped to
91.12 and 0.9427 from early highs of 92.01 and 0.9493,
respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.73 against the greenback, 1.49 against the euro,
89.00 against the yen and 0.92 against the loonie.
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