Australian Dollar Falls Against Majors
August 10 2015 - 11:15PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to 1-week lows of 0.7304 against the
U.S. dollar and 91.16 against the yen, from an early 3-week high of
0.7439 and nearly a 6-week high of 92.69, respectively. At
yesterday's close, the aussie was trading at 0.7407 against the
greenback and 92.28 against the yen.
Against the euro and the Canadian dollar, the aussie dropped to
1-week lows of 1.5013 and 0.9565 from yesterday's closing quotes of
1.4868 and 0.9636, respectively.
The aussie slipped to a 4-day low of 1.1166 against the NZ
dollar, from yesterday's closing value of 1.1206.
If the aussie extends its downtrend, it is likely to find
support around 0.72 against the greenback, 89.00 against the yen,
1.52 against the euro, 0.94 against the loonie and 1.10 against the
kiwi.
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