Australian Dollar Rises Against Majors
October 08 2015 - 7:08PM
RTTF2
The Australian dollar strengthened against the other major
currencies in the Asian session on Friday.
The Australian dollar rose to more than a 3-week high of 87.28
against the yen and a 3-week high of 0.7276 against the U.S.
dollar, from yesterday's closing quotes of 87.06 and 0.7259,
respectively.
Against the euro and the NZ dollar, the aussie advanced to more
than a 1-1/2-month high of 1.5496 and a 2-day high of 1.0907 from
yesterday's closing quotes of 1.5529 and 1.0882, respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 89.00 against the yen, 0.73 against the
greenback, 1.51 against the euro and 1.10 against the kiwi.
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