Australian Dollar Rises Against Majors
January 12 2017 - 4:47PM
RTTF2
The Australian dollar strengthened against the other major
currencies in the Asian session on Friday.
The Australian dollar roses to 4-week highs of 86.28 against the
yen and 1.4141 against the euro, from yesterday's closing quotes of
85.83 and 1.4178, respectively.
Against the U.S. and the Canadian dollars, the aussie advanced
to 0.7508 and 0.9863 from yesterday's closing quotes of 0.7482 and
0.9835, respectively.
The aussie edged up to 1.0545 against the NZ dollar, from an
early low of 1.0515.
If the aussie extends its uptrend, it is likely to find
resistance around 88.00 against the yen, 1.40 against the euro,
0.76 against the greenback, 1.00 against the loonie and 1.07
against the kiwi.
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