Australian Dollar Rises Against Majors
January 19 2017 - 6:56PM
RTTF2
The Australian dollar strengthened against the other major
currencies in the Asian session on Friday.
The Australian dollar rose to nearly a 2-1/2-month high of
0.7588 against the U.S. dollar and nearly a 2-month high of 1.0083
against the Canadian dollar, from yesterday's closing quotes of
0.7558 and 1.0066, respectively.
Against the euro and the yen, the aussie advanced to 1.4075 and
87.05 from yesterday's closing quotes of 1.4097 and 86.82,
respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 0.78 against the greenback, 1.03 against the
loonie, 1.38 against the euro and 88.00 against the yen.
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