Australian Dollar Falls Against Majors
July 21 2016 - 7:28PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Friday.
The Australian dollar fell to an 8-day low of 78.97 against the
yen, from yesterday's closing value of 79.29.
Against the U.S. and the New Zealand dollars, the aussie dropped
to 0.7465 and 1.0687 from yesterday's closing quotes of 0.7494 and
1.0710, respectively.
The aussie slipped to 1.4762 against the euro, from yesterday's
closing value of 1.4705.
Against the Canadian dollar, the aussie edged down to 0.9785
from an early 3-day high of 0.9718.
If the aussie extends its downtrend, it is likely to find
support around 75.00 against the yen, 0.72 against the greenback,
1.03 against the kiwi, 1.51 against the euro and 0.95 against the
loonie.
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