Australian Dollar Falls Against Majors
October 05 2017 - 7:47PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Friday.
The Australian dollar fell to more than a 5-week low of 1.5112
against the euro and more than a 3-week low of 87.40 against the
yen, from yesterday's closing quotes of 1.5021 and 87.93,
respectively.
Against the U.S., the Canadian and the New Zealand dollars, the
aussie dropped to nearly a 3-month low of 0.7743, a 1-week low of
0.9742 and a 3-day low of 1.0911 from yesterday's closing quotes of
0.7794, 0.9793 and 1.0950, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.52 against the euro, 85.00 against the yen, 0.75
against the greenback, 0.95 against the loonie and 1.07 against the
kiwi.
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